Browsing by Subject "optimium diversity"
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Multi-Purpose Consumption and Functional Differntiation: Why has the Vibrant Galleria replaced the Good Old Fashioned Department Store? (Faculty of Economics, University of Cambridge, UK, 2007-05)A very striking change in product selection over the last century has been the increased degree of specialisation of durable goods. To analyse these changes this paper introduces a new form of product differentiation called ...