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Horizontal Product Differentiation

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Abstract

This essay provides a definition of horizontal product differentiation and a short description of its implications for Law and Economics, as the degree of product differentiation affects the degree of competition and therefore the level of prices. A short revision of the literature on horizontal product differentiation is performed. The aim of the literature is to predict the number of varieties or the degree of differentiation (when the number of varieties is fixed) in an industry. Different works find different solutions to this problem.

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Correspondence to Javier Elizalde .

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© 2015 Springer Science+Business Media New York

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Elizalde, J. (2015). Horizontal Product Differentiation. In: Backhaus, J. (eds) Encyclopedia of Law and Economics. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-7883-6_236-1

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  • DOI: https://doi.org/10.1007/978-1-4614-7883-6_236-1

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  • Publisher Name: Springer, New York, NY

  • Online ISBN: 978-1-4614-7883-6

  • eBook Packages: Springer Reference Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

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Chapter history

  1. Latest

    Horizontal Product Differentiation
    Published:
    23 March 2021

    DOI: https://doi.org/10.1007/978-1-4614-7883-6_236-2

  2. Original

    Horizontal Product Differentiation
    Published:
    26 June 2015

    DOI: https://doi.org/10.1007/978-1-4614-7883-6_236-1