G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4984
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
URLhttps://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.
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