The Implications of Space for Competition

Incorporating space in economic models has two important consequences. First, the hypothesis of perfect competition becomes untenable, and second, the distinction between private and public goods becomes blurred. We review arguments that lead to these conclusions and summarize recent work pointing to other incentive systems that might lead to efficient location decisions and pricing policies.

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Year of publication:	1992-10
Authors:	Scotchmer, Suzanne ; Thisse, Jacques-François
Institutions:	C.E.P.R. Discussion Papers
Subject:	General Equilibrium \| Local Public Goods \| Location \| Spatial Competition

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Extent:	application/pdf
Series:	CEPR Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	Number 724
Classification:	D40 - Market Structure and Pricing. General ; H41 - Public Goods ; L13 - Oligopoly and Other Imperfect Markets ; R10 - General Regional Economics. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005791949