Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/159149 
Year of Publication: 
1998
Series/Report no.: 
Quaderni - Working Paper DSE No. 306
Publisher: 
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE), Bologna
Abstract: 
We investigate the role of positional effects in a market for vertically differentiated goods. We consider the two alternative settings, a single-product monopoly and a single-product duopoly. We evaluate the performance of both regimes against social planning. Contrary to conventional wisdom, we establish that it can be socially inefficient to expand the product range.
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Working Paper

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