Frédéric Deroian et al., « Standardization versus Preference for Variety in Linear Cournot Oligopoly », HAL SHS (Sciences de l’Homme et de la Société), ID : 10670/1.18b9d3...
We consider a Cournot oligopoly setting in which consumers have an intrinsic preference for variety, while unit production costs of firms increase with the number of goods they produce. This environment exhibits a general under-provision of variety with respect to social welfare.