Here’s a fascinating paper on a recent trend in household consumption: markets are becoming more competitive (supporting more products) while households are buying fewer products in any given category. Here we see the that spending for the average household has become more concentrated to a smaller number of products (
Do increases in consumer choice come from de…
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Here’s a fascinating paper on a recent trend in household consumption: markets are becoming more competitive (supporting more products) while households are buying fewer products in any given category. Here we see the that spending for the average household has become more concentrated to a smaller number of products (
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