Core Existence in Vertically Differentiated Markets

We prove that a sufficient condition for the core existence in a n-firm vertically differentiated market is that the qualities of firms' products are equally-spaced along the quality spectrum. This result contributes to see that a fully collusive agreement among firms in such markets is more easily reachable when product qualities are not distributed too asymmetrically along the quality ladder

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Year of publication:	2020
Authors:	Marini, Marco
Other Persons:	Tarola, Ornella (contributor)
Publisher:	[2020]: [S.l.] : SSRN
Subject:	Produktdifferenzierung \| Product differentiation \| Core \| Vertikale Integration \| Vertical integration \| Duopol \| Duopoly \| Produktqualität \| Product quality \| Marktstruktur \| Market structure \| Spieltheorie \| Game theory

Extent:	1 Online-Ressource (9 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Economics Letters, 149, 28-32, 2016 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2016 erstellt
Classification:	D42 - Monopoly ; D43 - Oligopoly and Other Forms of Market Imperfection ; L1 - Market Structure, Firm Strategy, and Market Performance ; L12 - Monopoly; Monopolization Strategies ; L13 - Oligopoly and Other Imperfect Markets ; L41 - Monopolization; Horizontal Anticompetitive Practices
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012837016