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dc.contributor.authorJones, Roy
dc.contributor.authorMendelson, H.
dc.date.accessioned2017-01-30T11:25:40Z
dc.date.available2017-01-30T11:25:40Z
dc.date.created2015-12-10T04:25:58Z
dc.date.issued2011
dc.date.submitted2015-12-10
dc.identifier.citationJones, R. and Mendelson, H. 2011. Information goods vs. industrial goods: Cost structure and competition. Management Science. 57 (1): pp. 164-176.
dc.identifier.urihttp://hdl.handle.net/20.500.11937/11586
dc.identifier.doi10.1287/mnsc.1100.1262
dc.description.abstract

We study markets for information goods and find that they differ significantly from markets for traditional industrial goods. Markets for information goods in which products are vertically differentiated lack the segmentation inherent in markets for industrial goods. As a result, a monopoly will offer only a single product. Competition leads to highly concentrated information-good markets, with the leading firm behaving almost like a monopoly even with free entry and without network effects. We study how the structure of the firms' cost functions drives our results. © 2011 INFORMS.

dc.titleInformation goods vs. industrial goods: Cost structure and competition
dc.typeJournal Article
dcterms.dateSubmitted2015-12-10
dcterms.source.volume57
dcterms.source.number1
dcterms.source.startPage164
dcterms.source.endPage176
dcterms.source.issn0025-1909
dcterms.source.titleManagement Science
curtin.digitool.pid234652
curtin.pubStatusPublished
curtin.refereedTRUE
curtin.identifier.scriptidPUB-HUM-HGS-RJ-27302
curtin.identifier.elementsidELEMENTS-113933
curtin.accessStatusFulltext not available
curtin.facultyFaculty of Humanities


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