Geisler, Michael; Wiese, Harald - In: Applied Economics Letters 13 (2006) 2, pp. 127-130
The question of entry deterrence in a Schmalensee type product differentiation market, that is in a market that can be depicted by a circle with circumference of 1, is investigated. It is normally assumed that incumbent firms or brands locate equidistantly whereas an entrant settles exactly in...