The paper proves the consistency of vertical and horizontal differentiation models regarding the finiteness property. In the case of constant returns, it turns out that the attitude of consumers ...

Nicolas Sahuguet, HEC Montreal - Institute of Applied Economics and Alexis Walckiers, Universite Libre de Bruxelles (ULB) - European Center for Advanced Research in Economics and Statistics (ECARES) ...

Examining the key recommendations of the Thirteenth Finance Commission that have a bearing on vertical and horizontal transfers aimed at correcting imbalances in the system, this paper takes a ...

Small business owners usually are fully aware of product differentiation, even if not by that name. Products in a retail store are different not only in terms of what they do for the consumer but also ...

This paper presents an equilibrium theory of vertical mergers that incorporates strategic behaviors in the Hotelling-type location model. This enables one to consider the relationship between ...

In recent years, government antitrust enforcement agencies (the Federal Trade Commission, Department of Justice, and State Attorneys General) have devoted extensive resources—and have had some success ...