| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1487 |
| DP1487 Expertise, Contingent Fees, and Excessive Litigation | |
| Winand Emons | |
| 发表日期 | 1996-10-31 |
| 出版年 | 1996 |
| 语种 | 英语 |
| 摘要 | Lancasterian models of product differentiation typically assume a one-dimensional characteristics space. We show that standard results on prices and locations no longer hold when firms compete in a multi-characteristics space. In the location game with n characteristics, firms choose to maximize differentiation in the dominant characteristic and to minimize differentiation in the others when the salience coefficient of the former is sufficiently large. Thus, the principle of minimum differentiation holds for all but one characteristic. Furthermore, prices do not necessarily fall when products get closer in the characteristics space because price competition is relaxed when products are differentiated enough in the dominant characteristic. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Agglomeration Multi-characteristics space Product positioning |
| URL | https://cepr.org/publications/dp1487 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530631 |
| 推荐引用方式 GB/T 7714 | Winand Emons. DP1487 Expertise, Contingent Fees, and Excessive Litigation. 1996. |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Winand Emons]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Winand Emons]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Winand Emons]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
