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dc.creatorCaminal, Ramón-
dc.creatorGranero, Luis M.-
dc.date2008-05-19T11:51:23Z-
dc.date2008-05-19T11:51:23Z-
dc.date2008-03-10-
dc.date.accessioned2017-01-31T01:22:10Z-
dc.date.available2017-01-31T01:22:10Z-
dc.identifierhttp://hdl.handle.net/10261/4341-
dc.identifier10.1111/j.1468-0335.2011.00897.x-
dc.identifier.urihttp://dspace.mediu.edu.my:8181/xmlui/handle/10261/4341-
dc.descriptionA preliminary version of this paper was circulated under the title "Too many or too few varieties: the role of multi-product firms" (CEPR Discussion Papers; 5938, Nov. 2006).-- Trabajo publicado como artículo en Economica 79(314): 303-328 (2012).-- http://dx.doi.org/10.1111/j.1468-0335.2011.00897.x-
dc.descriptionThe goal of this paper is to study the role of multi-product firms in the market provision of product variety. The analysis is conducted using the spokes model of non-localized competition proposed by Chen and Riordan (2007). Firstly, we show that multi-product firms are at a competitive disadvantage vis-a-vis single-product firms and can only emerge if economies of scope are sufficiently strong. Secondly, under duopoly product variety may be higher or lower with respect to both the first best and the monopolistically competitive equilibrium. However, within a relevant range of parameter values duopolists drastically restrict their product range in order to relax price competition, and as a result product variety is far below the efficient level.-
dc.descriptionWe thank the CREA Barcelona Economics Program and the Spanish Ministry of Education and Science (grants SEJ2005-01427 and SEJ2006-13768) for their support.-
dc.descriptionPeer reviewed-
dc.format371970 bytes-
dc.formatapplication/pdf-
dc.languageeng-
dc.relationUFAE and IAE Working Papers-
dc.relation734.08-
dc.relationhttp://dx.doi.org/10.1111/j.1468-0335.2011.00897.x-
dc.rightsopenAccess-
dc.subjectProduct variety-
dc.subjectMultiproduct firms-
dc.subjectMonopolistic-
dc.titleMulti-product Firms and Product Variety-
dc.typeDocumento de trabajo-
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