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| Author: | Peitz, M. |
| Title: | A difficulty with the address models of product differentation |
| Journal: | Economic Theory
1999 : VOL. 14:3, p. 717-727 |
| Index terms: | DEMAND INCOMES |
| Language: | eng |
| Abstract: | This paper shows that with income heterogeneity there are severe existence problems of a price equilibrium in models of horizontal product differentation with unit demand because some consumers are income-constrained. |
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