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Persistent link: https://www.econbiz.de/10005271743
A spatial model that incorporates store locations and city topographic features is developed for the Edmonton, Alberta, video-cassette-rental market. Bertrand-Nash equilibrium prices are computed using a grid search algorithm that maximizes goodness-of-fit against observed prices. The fit is...
Persistent link: https://www.econbiz.de/10005271968
Persistent link: https://www.econbiz.de/10005770310