Lai, Fu-Chuan; Tabuchi, Takatoshi - In: Regional Science and Urban Economics 42 (2012) 6, pp. 1017-1022
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 …