sameEndgüter

sameEndgüter is a neologism used in economic discussions to denote identical final goods within a model or across markets. The term combines English “same” and German “Endgüter” (final goods) and is typically introduced in theoretical or computational frameworks rather than in empirical industry classifications.

In theoretical models of consumer choice and market competition, assuming sameEndgüter means that all agents consume and price the same set of final goods, eliminating heterogeneity due to product differentiation at the final stage. This abstraction simplifies the analysis of demand, supply, and welfare, and facilitates comparison of prices and quantities across agents.

In international trade or input-output analysis, sameEndgüter can serve as a simplifying assumption when comparing national price levels or when constructing price indices that require identical baskets of goods. It is also used in hedonic pricing discussions to establish a baseline before accounting for quality differences.

Limitations: In reality final goods vary widely in attributes, brands, and quality; assuming identical final goods ignores substitution patterns and product differentiation, which are central to many economic phenomena. As a modelling device, the term is not widely standardized and may appear only in informal discussions or specific papers.

Related concepts include final goods, consumer goods, price indices, hedonic pricing, and product differentiation.