Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/73456
Authors: 
Jurgan, Jens
Year of Publication: 
2009
Series/Report no.: 
BGPE Discussion Paper 69
Abstract: 
In the homogenous good case, the relationship between market struc- ture and efficiency was studied extensively. Assuming a standard quadratic utility with quantity competition, this paper carries on the analysis in a differentiated good context. It can be shown that there is a positive re- lationship between market heterogeneity and efficiency, too. In contrast to the homogenous good case, consumer surplus as well as producer surplus increases with the dispersion of marginal costs.
Subjects: 
Differentiated goods
Cournot
Asymmetric costs
Cost variation
Welfare
JEL: 
L13
L11
L4
Document Type: 
Working Paper

Files in This Item:
File
Size
194.14 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.