Relaxing Price Competition Through Product Differentiation
Review of Economic Studies
1982
The notion of a Perfect Equilibrium in a multi-stage game is used to characterize industry equilibrium under Monopolistic Competition, where products are differentiated by quality.
- DOI
- 10.2307/2297136
- Volume
- 49 (1)
- Pages
- 3
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- Sources
- openalex crossref