Transparency, price-dependent demand and product variety

Yiquan Gu; Tobias Wenzel

doi:10.1016/j.econlet.2010.11.041

Transparency, price-dependent demand and product variety

Yiquan Gu, Tobias Wenzel

Department of Economics

Research output: Contribution to journal › Article › peer-review

14 Citations (SciVal)

Abstract

This paper revisits the relationship between transparency on the consumer side and product variety. We show that due to lower price-cost margins more transparency is welfare-improving. This result is achieved even though product variety may be reduced.

Original language	English
Pages (from-to)	216-219
Number of pages	4
Journal	Economics Letters
Volume	110
Issue number	3
DOIs	https://doi.org/10.1016/j.econlet.2010.11.041
Publication status	Published - 2011

Keywords

Market transparency
Product variety
Salop model

ASJC Scopus subject areas

Economics and Econometrics
Finance

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10.1016/j.econlet.2010.11.041

Cite this

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abstract = "This paper revisits the relationship between transparency on the consumer side and product variety. We show that due to lower price-cost margins more transparency is welfare-improving. This result is achieved even though product variety may be reduced.",

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author = "Yiquan Gu and Tobias Wenzel",

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AU - Gu, Yiquan

AU - Wenzel, Tobias

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KW - Product variety

KW - Salop model

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Transparency, price-dependent demand and product variety

Abstract

Keywords

ASJC Scopus subject areas

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