منابع مشابه
Product Quality and Market Size∗
Urban economists generally understand cities to balance negative externalities of congestion against the positive effects of agglomeration on productivity and consumers (Henderson, 1969). It is commonly assumed that that agglomeration promotes product variety. Here we explore a related but distinct effect on consumers, the effect of agglomeration (or city size) on product quality. This question...
متن کاملYale Working Papers on Economic Applications and Policy Product Quality and Market Size Product Quality and Market Size
Do larger markets offer better products? The question has implications both for theories of cities and for theories of market organization. We document that in the restaurant industry, where quality is produced largely with variable costs, the range of qualities on offer increases in market size, with each product maintaining a small market share. In daily newspapers, where quality is produced ...
متن کاملProduct Quality and Market Size1
Do larger markets offer better products? The question has implications both for theories of cities and for theories of market organization. We document that in the restaurant industry, where quality is produced largely with variable costs, the range of qualities on offer increases in market size, with each product maintaining a small market share. In daily newspapers, where quality is produced ...
متن کاملConsumer Choice, Information Product Quality, and Market Implications
The paper concerns with the peculiarities of consumer choice in information product markets. This is a multidisciplinary study based on both information system research and microeconomic theory. An extension is introduced to the conventional general theory of consumer choice for explicitly taking into account the impact of information product quality on consumer behaviour. Multiple quality char...
متن کاملMarket Size, Service Quality, and Competition in Banking
Local banking markets depict enormous variation in population size. Yet this paper finds that the nature of bank competition across markets is strikingly similar. First, markets remain similarly concentrated regardless of size. Second, the number of dominant banks is roughly constant across markets of different size; it is the number of fringe banks that increases with market size. Third, servi...
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ژورنال
عنوان ژورنال: The Journal of Industrial Economics
سال: 2010
ISSN: 0022-1821,1467-6451
DOI: 10.1111/j.1467-6451.2010.00404.x