In this chapter, we illustrate some classic spatial models. We provide a collection of the principal classic spatial models, by illustrating their characteristics and their main results. In particular, we discuss the Hotelling linear market and the Salop circular market, both under uniform...

The Hotelling locational model and its adaptations to a circular city provide a core framework for research in industrial organization. The present paper expands the explanatory power of this model by incorporating a continuum of consumers with constant-elasticity demand functions along with...