Information Goods vs. Industrial Goods: Cost Structure and Competition


W 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… (More)
DOI: 10.1287/mnsc.1100.1262

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@article{Jones2011InformationGV, title={Information Goods vs. Industrial Goods: Cost Structure and Competition}, author={Roy Jones and Haim Mendelson}, journal={Management Science}, year={2011}, volume={57}, pages={164-176} }