Chen, Yongmin (contributor); Riordan, Michael H. (contributor) - 2006
, equal to, or higher than the single-product monopoly price. While
the market share e�ect ofcompetitionencouragesa … or lower price compared to single-product monopoly.
The analysis reveals that price-increasing competition is … unexceptional from a theoret-
ical perspective.
Keywords: product di�erentiation, entry, duopoly, monopoly
JEL classi�cation: D4, L1 …