Locating inside the Salop circle: demand rotations in a micro-founded model

Bar-Isaac, Heski, Caruana, Guillermo and Cuñat, Vicente ORCID: 0000-0001-7504-2801 (2011) Locating inside the Salop circle: demand rotations in a micro-founded model. . Department of Finance, London School of Economics and Political Science, London, UK. (Submitted)

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Abstract

We present a micro-founded model of design that leads to simple demand rotations. We present simple sufficient conditions that determine when design should be extreme (fully standardized or fully tailored) or rather take intermediate positions.

Item Type:	Monograph (Working Paper)
Official URL:	http://www.vicentecunat.com/hbgcvc_donut.pdf
Additional Information:	© 2011 The Authors
Divisions:	Finance Management Financial Markets Group
Subjects:	H Social Sciences > HG Finance
Date Deposited:	17 Apr 2012 14:05
Last Modified:	11 Dec 2024 19:05
URI:	http://eprints.lse.ac.uk/id/eprint/43163

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