This work models outsourcing under oligopolistic competition with nonlinear costs. I show that in a covered market, if each firm's marginal cost before outsourcing is lower than the industry's average cost, outsourcing leads to increased prices and decreased consumer welfare. Joint outsourcing...

I model manufacturers competing through a retailer. I model two types of advertising that each firm can engage in: advertising that increases product differentiation and advertising that increases (possibly perceived) value of the product. While the two types of advertising result in...

The economics literature generally considers products as points in some characteristics space. Starting with Hotelling, this served as a convenient assumption, yet with more products being .exible or self-customizable to some degree it makes sense to think that products have positive measure. I...