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Author:Johnson, J.P.
Myatt, D.P.
Title:Multiproduct quality competition: fighting brands and product line pruning
Journal:American Economic Review
2003 : JUN, VOL. 93:3, p. 748-774
Index terms:Brands
Monopoly
Product differentiation
Product quality
Language:eng
Abstract:Companies that sell multiple quality-differentiated products frequently alter their product lines when a competitor enters the market. A model of multiproduct monopoly and duopoly using a general "upgrades" approach that yields a powerful analytical framework is presented. An explanation for the common strategies of using "fighting brands" and of product line "pruning" is provided.
SCIMA record nr: 252791
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