On the definition of monopoly and selection of product characteristics

V. Kerry Smith

doi:10.1016/0165-1765(81)90103-8

On the definition of monopoly and selection of product characteristics

V. Kerry Smith

Economics

Research output: Contribution to journal › Article › peer-review

1 Scopus citations

Abstract

This paper considers the implications of the definition of monopoly for models of firm behavior in the selection of product variety. The results suggest that one's conception of a monopoly structure can influence the conclusions derived on the implications of market structure for product characteristics.

Original language	English (US)
Pages (from-to)	11-15
Number of pages	5
Journal	Economics Letters
Volume	7
Issue number	1
DOIs	https://doi.org/10.1016/0165-1765(81)90103-8
State	Published - 1981

ASJC Scopus subject areas

Finance
Economics and Econometrics

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10.1016/0165-1765(81)90103-8

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On the definition of monopoly and selection of product characteristics

Abstract

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