Monopoly and Quality Distortion: Effects and Remedies
- 1 November 1987
- journal article
- Published by Oxford University Press (OUP) in The Quarterly Journal of Economics
- Vol. 102 (4) , 743-767
- https://doi.org/10.2307/1884279
Abstract
A monopolist that sells in a market in which consumers differ in their willingness to pay for quality will distort and enlarge the range of productsKeywords
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