Product diversity in asymmetric oligopoly: Is the quality of consumer goods too low?

Article Abstract:

Using the example of yogurt, an oligopoly model with quality and horizontal differences is analyzed. When quality and fixed costs are independent, the market will select the right firms. In the opposite situation, low quality products may be produced.

Fluid Milk Manufacturing, Yogurt, Fluid milk, Statistical Data Included, Models, Supply and demand, Pricing, Quality management, Quality control, Dairy industry, Dairy products industry, Consumer goods, Oligopolies

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Market Performance with multiproduct firms

Article Abstract:

The performance differentiation of multiple products and firms is examined, by using proposals of Chamberlin, Spence, and Dixit-Stiglitz.

Evaluation, Product lines, Market positioning

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Market segmentation strategies of multiproduct firms

Article Abstract:

The multiproduct duopoly of multiple product firms and their market segmentation strategies are analyzed.

Analysis, Market segmentation, Product differentiation

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