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- W2131036349 abstract "Models of (horizontal) product differentiation generally admit many equilibria. These include concentrated equilibria, in which few firms each offer many products, andfragmented equilibria, in which many firms each offer one product. Since these outcomes depend in a delicate way on features of the models that are hard to identify or proxy empirically, these models may seem empirically empty in regard to predictions about industrial structure. This article proposes a simple and natural reparameterization of such models in terms of empirically observable market characteristics, thereby generating testable predictions about the relationship between market size and market structure (concentration)." @default.
- W2131036349 created "2016-06-24" @default.
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- W2131036349 date "1990-01-01" @default.
- W2131036349 modified "2023-09-30" @default.
- W2131036349 title "Multiproduct Firms and Market Structure" @default.
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- W2131036349 doi "https://doi.org/10.2307/2555492" @default.
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