Group consumption and product diversity: the case of smoking bans

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Group consumption and product diversity: the case of smoking bans

I study product diversity in the presence of search costs and groups of consumers. Groups with heterogeneous tastes create a leverage effect on competition: a large majority of firms may end up offering a product that corresponds to the taste of the minority. I illustrate this idea with smoking bans...

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Bibliographic Details
Main Author:	Foucart, Renaud
Format:	Article
Published:	Wiley 2017
Online Access:	https://eprints.nottingham.ac.uk/49621/

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