6533b855fe1ef96bd12b1b9a
RESEARCH PRODUCT
Strategic product variety and quality choice
Lluís M. Granerosubject
Economics and EconometricsLead (geology)media_common.quotation_subjectfood and beveragesQuality (business)BusinessProduct (category theory)WelfareFinanceIndustrial organizationmedia_commonVariety (cybernetics)description
Abstract We examine the linkages between strategic product assortment, quality choice, and pricing by multi-product firms as well as the welfare effects from those linkages. The analysis shows that strategic effects can lead to relevant inefficiencies. Specifically, the analysis identifies effects which can induce insufficient or excessive product quality relative to the socially optimal level of quality.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2019-09-01 | Economics Letters |