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Measuring Product Diversity

Author

Listed:
  • Gans, J.S.
  • Hill, R.J.

Abstract

The diversity of a set can be defined as a function of the bilateral distances between the elements of the set. We show how the bilateral distances between products can be presented by parameters in a utility function.

Suggested Citation

  • Gans, J.S. & Hill, R.J., 1996. "Measuring Product Diversity," Papers 96/25, New South Wales - School of Economics.
    • Handle: RePEc:fth:nesowa:96/25
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    References listed on IDEAS

    as
    1. Dixit, Avinash K & Stiglitz, Joseph E, 1977. "Monopolistic Competition and Optimum Product Diversity," American Economic Review, American Economic Association, vol. 67(3), pages 297-308, June.
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    11. Bresnahan, Timothy F., 1989. "Empirical studies of industries with market power," Handbook of Industrial Organization, in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 2, chapter 17, pages 1011-1057, Elsevier.
    12. R. Schmalensee & R. Willig (ed.), 1989. "Handbook of Industrial Organization," Handbook of Industrial Organization, Elsevier, edition 1, volume 2, number 2.
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    Cited by:

    1. Christos Genakos & Andreas Lamprinidis & James Walker, 2023. "Evaluating merger effects," CEP Discussion Papers dp1921, Centre for Economic Performance, LSE.
    2. Christos Genakos & Andreas Lamprinidis & James Walker, 2023. "Evaluating merger effects," POID Working Papers 072, Centre for Economic Performance, LSE.
    3. Genakos, Christos & Lamprinidis, Andreas & Walker, James, 2023. "Evaluating merger effects," LSE Research Online Documents on Economics 121325, London School of Economics and Political Science, LSE Library.
    4. Bernhofen, Daniel M., 2001. "Measuring diversity in product space: the missing axiom," Economics Letters, Elsevier, vol. 70(1), pages 69-72, January.

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    More about this item

    Keywords

    ELASTICITY; PRODUCTION;

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality

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