Introducing a Quality Variable in the Theory of Product Differentiation: Abbott (1953) and Dorfman and Steiner (1954).

Gradoz, Julien

Type de document :

Autre communication scientifique (congrès sans actes - poster - séminaire...): Communication dans un congrès sans actes

URL permanente :

http://hdl.handle.net/20.500.12210/112367

Titre :

Introducing a Quality Variable in the Theory of Product Differentiation: Abbott (1953) and Dorfman and Steiner (1954).

Auteur(s) :

Gradoz, Julien [Auteur]

Centre Lillois d'Études et de Recherches Sociologiques et Économiques (CLERSE) - UMR 8019

Titre de la manifestation scientifique :

27th Annual ESHET (European Society for the History of Economic Thought) Conference

Ville :

Graz

Pays :

Autriche

Date de début de la manifestation scientifique :

2024-05-09

Discipline(s) HAL :

Sciences de l'Homme et Société/Economies et finances

Résumé en anglais : [en]

This paper examines two articles that have proposed a definition of the “quality variable” which is still used in the contemporary theory of product differentiation. The first article, written by Lawrence Abbott in 1953, ...
Lire la suite >This paper examines two articles that have proposed a definition of the “quality variable” which is still used in the contemporary theory of product differentiation. The first article, written by Lawrence Abbott in 1953, provides a general discussion concerning the role of quality competition on the market. Abbott then proposes a model, presented diagrammatically to the readers, and restricted to the very specific situation in which quality is unanimously appreciated by consumers, entails a higher unit cost for firms, is unidimensional and continuous. The second article, published the following year, was written by Robert Dorfman and Peter Otto Steiner. Dorfman and Steiner propose a model in which they algebraically translate Abbott’s model. In doing so, they introduce a “quality variable” in the firm’s profit function. As they translate Abbott’s model, the quality variable is defined to describe to the very specific situation examined by Abbott. Since Dorfman and Steiner’s article has gained an important popularity in the theory of product differentiation, their definition of the quality variable became the standard way to define this variable in this theory. Therefore, we trace the origins of the assumptions commonly associated with the quality variable in the theory of product differentiation.Lire moins >

Langue :

Français

Audience :

Internationale

Vulgarisation :

Non

Établissement(s) :

Université de Lille
CNRS
Univ. Littoral Côte d’Opale

Collections :

Centre Lillois d'Études et de Recherches Sociologiques et Économiques (CLERSE) - UMR 8019

Équipe(s) de recherche :

Économies et sociétés : développement, richesse, innovation et régulation

Date de dépôt :

2024-04-03T15:39:27Z
2024-04-08T15:46:26Z

Numéro de version	Lien	Date de modification
2	20.500.12210/112367*	2024-04-08T15:45:23Z
1	20.500.12210/112367.1	2024-04-03T15:39:27Z

Introducing a Quality Variable in the ...

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Introducing a Quality Variable in the ... BibTeX CSV Excel RIS

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Introducing a Quality Variable in the ...

BibTeX

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Excel

RIS