Breadth, Depth, and Competition
|Keywords:||breadth;depth;specialization;competition;horizontal and vertical differentiation|
|Abstract:||In a spatial model of both horizontal and vertical differentiation where an agent can occupy an interval rather than a point on the Hotelling line, one can examine the trade-off between depth (a narrow high quality position) and breadth (a wide low quality range). In particular, the extent of depth or breadth can be non-monotonic in the strength of competition.|
|Appears in Collections:||Economics Working Papers|
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