Title: Organizational choice and product differentiation
Abstract:Abstract A centralized structure will set higher prices and locate products closer together than a decentralized one. A decentralized organizational structure is chosen because the entry‐deterring eff...Abstract A centralized structure will set higher prices and locate products closer together than a decentralized one. A decentralized organizational structure is chosen because the entry‐deterring effect of such a structure outweighs the monopoly effects of a centralized one for sufficiently low entry fee levels.Read More