S, Higgins Richard; A, Johnson Paul; T, Sullivan John - In: The B.E. Journal of Economic Analysis & Policy 4 (2004) 1, pp. 1-37
We consider a computational equilibrium model of spatially differentiated Bertrand competition and apply it to merger analysis. Two pricing paradigms are studied: one where firms cannot price discriminate among customers and one where firms can. The model encompasses many details that make it...