Showing 1 - 10 of 3,082
We show that the price-setting subgame in the classic Hotelling’s model (1929) with the linear transport costs has the …
Persistent link: https://www.econbiz.de/10010580497
This paper studies product differentiation decisions in a spatial duopoly with limited information on consumer demand. In particular, a situation is discussed in which the firms do not know the exact distribution of the random location of consumer demand and its responsiveness to price changes...
Persistent link: https://www.econbiz.de/10011051654
In this paper we consider a Cournot–Bertrand duopoly model with linear demand and cost functions and with product differentiation. We propose a dynamic framework for the study of the stability properties of this kind of mixed oligopoly game, a rather neglected topic in the existing literature...
Persistent link: https://www.econbiz.de/10010577103
We introduce learning into a Hotelling model of a non-renewable resource market. By combining learning and scarcity we … terms of the Hotelling model, a shifting SCE and variable escape dynamics introduces greater volatility at low frequencies …
Persistent link: https://www.econbiz.de/10004973966
This Paper examines the importance of the distribution of consumers in Hotelling's circle on the comparison between the …
Persistent link: https://www.econbiz.de/10005067611
Hotelling style location games, it is more realistic to assume non-uniform distributions. Using Anderson et al.'s (1997 …
Persistent link: https://www.econbiz.de/10005458931
In this paper, spatial competition between two sellers in a market (Hotelling, 1929) and total transportation costs … locations in Hotelling's model is identical to the Weber point. Finally, we show that the locations of Hotelling's firms are far …
Persistent link: https://www.econbiz.de/10010594979
In this paper we analyze R&D collaboration networks in industries where firms are competitors in the product market. Firms' benefits from collaborations arise by sharing knowledge about a cost-reducing technology. By forming collaborations, however, firms also change their own competitive...
Persistent link: https://www.econbiz.de/10009747220
We investigate the welfare effect of union activity in a relatively new oligopoly model, the Cournot-Bertrand model, where one firm competes in output (a la Cournot) and the other firm competes in price (a la Bertrand). The Nash equilibrium prices, outputs, and profits are quite diverse in this...
Persistent link: https://www.econbiz.de/10010345639
The Hotelling game of pure location allows interpretations in spatial competition, political theory, and professional …
Persistent link: https://www.econbiz.de/10010402687