Ushchev, Philip; Sloev, Igor; Thisse, Jacques-Francois - European Regional Science Association - 2014
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 eff_x001B_ect generated by consumers seeking more opportunities, and the …