Mazzeo, Michael (contributor) - 2000 - [Elektronische Ressource]
differentiation, product types can be summarized by a single-
index measure of quality. All consumers obtain more utility from a … represented by a taste
parameter, Ψ. Suppose that firms sell to a group of consumers who can be characterized by a distribution … individual decisions of all the consumers yields the total quantity purchased from
each firm. Therefore, each firm’s quantity …