This book presents economic theories that seek to explain the prevalence of differentiated products in market economies. It uses these theories to derive market equilibria and to compare these to social optima for both horizontally and vertically differentiated products. The implications of product differentiation for market structure and power, strategic entry deterrence and international trade are all examined.
| ISBN-13: | 9780521335263 |
| ISBN-10: | 0521335264 |
| Publisher: | Cambridge University Press |
| Publication date: | 1991-02-28 |
| Pages: | 216 |
| Product dimensions: | Height: 9 Inches, Length: 6 Inches, Weight: 1.02294489568 Pounds, Width: 0.63 Inches |
| Author: | John Beath, Yannis Katsoulacos |
| Language: | en |
| Binding: | Hardcover |
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