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Allgemeines Gleichgewicht 1 Consumer behaviour 1 General equilibrium 1 Konsumentenverhalten 1 Monopol 1 Monopoly 1 Product quality 1 Produktqualität 1 Theorie 1 Theory 1 Welfare economics 1 Wohlfahrtsökonomik 1 continuum versus finite consumers 1 linear case 1 monopoly 1 single- versus multi-product quality 1 welfare maximization 1
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Gayer, Amit 1
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Monopoly and endogenous single highest quality
Gayer, Amit - In: Games 17 (2026) 2, pp. 1-17
This paper analyzes a monopolistic market with a continuum of consumers in the linear case. Consumers are vertically … analysis shows that, in the linear case, the monopolist's optimal offer endogenously collapses to a single quality-price pair …
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