Gu, Yiquan; Wenzel, Tobias - In: International Journal of Industrial Organization 27 (2009) 5, pp. 567-571
This paper revisits the excess entry theorem in spatial models according to Vickrey [Vickrey, W.S., 1964. Microstatics. Harcourt, Brace and World, New York] and Salop [Salop, S., 1979. Monopolistic competition with outside goods. Bell Journal of Economics 10, 141-156] while relaxing the...