Consider the online streaming services of netflix and, Ask an Expert

Economics

Consider the online streaming services of Netflix and Amazon Prime (two providers of digital content). Discuss in 150 words whether the products offered by these firms are vertically or horizontally differentiated. Try to begin to sketch a formal model of competition. What characteristics of their products are the firms choosing - how do consumers react? How could we realistically incorporate these choices into a reasonably tractable (solveable) model?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91993988

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