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- W2235878879 abstract "A safe and a risky seller serve a market. While the expensive safe seller can solve the problems of all consumers, the cheap risky seller can help a consumer only with a certain probability. The risky seller's success probabilities are distributed across consumers; by the choice of her quality the risky seller determines the shape of this distribution. If the risky seller fails, a consumer ends up with the safe seller, paying for the service twice. The risky seller chooses a quality-price pair inducing the safe seller to stick to his monopoly strategy. Some but not maximum differentiation results." @default.
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- W2235878879 date "1998-01-01" @default.
- W2235878879 modified "2023-09-26" @default.
- W2235878879 title "Product Differentiation and Price Competition between a Safe and a Risky Seller" @default.
- W2235878879 hasPublicationYear "1998" @default.
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