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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP4984 |
DP4984 Home Production, Market Production and the Gender Wage Gap: Incentives and Expectations | |
Claudia Olivetti; Stefania Albanesi | |
发表日期 | 2005-04-23 |
出版年 | 2005 |
语种 | 英语 |
摘要 | We explore the effects of switching costs on the subgame perfect quality decisions of oligopolists with repeated price competition. We establish a strong strategic quality premium. We show that competition for the establishment of customer relationships will eliminate low-quality firms in period 1 and that low-quality firms can survive only based on poaching profits. The equilibrium configuration is characterized by an agglomeration of two providers of top-quality as soon as switching cost heterogeneity is sufficiently significant. We demonstrate a finiteness property, according to which the two top-quality firms dominate the market with a joint market share exceeding 50%. |
主题 | Industrial Organization |
关键词 | Quality choice Switching costs Poaching Natural oligopoly |
URL | https://cepr.org/publications/dp4984 |
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/533882 |
推荐引用方式 GB/T 7714 | Claudia Olivetti,Stefania Albanesi. DP4984 Home Production, Market Production and the Gender Wage Gap: Incentives and Expectations. 2005. |
条目包含的文件 | 条目无相关文件。 |
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