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PRICE COMPETITION AND MARKET STRUCTURE IN HIGH-TECHNOLOGY INDUSTRIES
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PRICE COMPETITION AND MARKET STRUCTURE IN HIGH-TECHNOLOGY INDUSTRIES
Annotation
PII
S042473880000616-6-1
Publication type
Article
Status
Published
Authors
Paul Rudnik 
Edition
Issue №4
Pages
58-71
Abstract
Based on the well-known Shaked–Sutton model the author constructs a model of price equilibrium for the vertically differentiated market, including the premises that a group of consumers is present in the market who are not interested in buying one or several products of comparatively low quality. It is shown that this premise is a substantive factor in for generating price equilibrium.
Date of publication
01.10.2008
Number of purchasers
2
Views
697
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0.0 (0 votes)
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Additional sources and materials

Rudnik P.B. (2007): Tsenovaya konkurentsiya v vysokotekhnologichnykh otraslyakh // Ehkonomicheskij zhurnal VShEh. T. 11. № 4.
 Gabszewicz J., Thisse J.-F. (1979): Price Competition, Quality and Income Disparities // J. of Econ. Theory. Vol. 20.
 Moorthy K. (1988): Product and Price Competition in a Duopoly // Marketing Science. № 7 (Spring).
 Shaked A., Sutton J. (1982): Relaxing Price Competition Through Product Differentiation // The Rev. of Econ. Stud. Vol. 49. № 1.
 Sutton J. (1986): Vertical Product Differentiation: Some Basic Themes // The American Econ. Rev. Vol. 76. № 4. May.
 Varian H. (2001): HighTech Industries and Market Structure // University of California. July. Berkeley.

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