About this document
Strategic Quality Choice by Nicolas Benavides is a document available to read on EtoBox.
This paper studies the effects of demand uncertainty and imperfect competition on market entry and product quality choice. The strategic quality choice by the follower may trigger the exit of the leader. The degree of horizontal differentiation between the supplied goods plays a pivotal role in determining the market structure in the long run.
- Author
- Nicolas Benavides
- Language
- EN