Showing 1 - 10 of 129
We consider the effects of export restraints on price competition in the Hotelling model of hor- izontal product …
Persistent link: https://www.econbiz.de/10005043096
developed by Hotelling. Firms choose capacities in the first stage and then compete in price. We show that capacity … structure inherent to the Hotelling model. If furthermore the installation cost for capacity is one fourth of the transportation …
Persistent link: https://www.econbiz.de/10005065295
We combine spatial and monopolistic competition to study market interactions between downtown retailers and an outlying shopping mall. Consumers shop at either marketplace or at both, and buy each variety in volume. The market solution stems from the interplay between the market expansion effect...
Persistent link: https://www.econbiz.de/10010927708
A model of duopoly competition in nonlinear pricing when firms are imperfectly informed about consumer locations is analyzed. A continuum of consumers purchase a variable amount of a product from one of two firms located at the endpoints of the market. At the Nash equilibrium in quantity-outlay...
Persistent link: https://www.econbiz.de/10005008406
We analyze the equilibrium and the optimal resource allocations in a monocentric city under monopolistic competition. Unlike the constant elasticity of substitution (CES) case, where the equilibrium markups are independent of the city size, we present a variable elasticity of substitution (VES)...
Persistent link: https://www.econbiz.de/10005008619
We analyze a model of a vertically differentiated duopoly with two regions. These two locations differ for the market size or for the distribution of the willingness to pay for quality of their consumers. Firms sequentially choose to settle in one region and then simultaneously compete in...
Persistent link: https://www.econbiz.de/10005042889
Persistent link: https://www.econbiz.de/10008550210
from a different perspective. Using a Hotelling duopoly model with quadratic transport costs, we analyze the welfare …
Persistent link: https://www.econbiz.de/10005043453
This paper studies the impact of trade liberalization when monopolistically competitive and oligopolistic firms coexist in the same market. The model is characterized by a group of multi-product firms which behave strategically and take their impact on market aggregates into account (e.g. the...
Persistent link: https://www.econbiz.de/10010735623
We analyze whether and how the fact that products are not sold on free, public platforms but on competing for-profit platforms affects sellers? investment incentives. Investments in cost reduction, quality, or marketing measures are here the joint and coordinated efforts by sellers. We show...
Persistent link: https://www.econbiz.de/10005008622