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We apply a spatial model that includes both circular-city and linear-city models as special cases to the analysis of location-quantity model in mixed oligopoly. We find that the equilibrium pattern continuously moves from that of the circular-city to that of the linear-city and that the...
Persistent link: https://www.econbiz.de/10008563045
We investigate the equilibrium location pattern and welfare implication in delivered pricing model (or spatial price discrimination model) with a linear city. First, we extend a delivered pricing duopoly with Bertrand competition of Hamilton et al. (1989) to an n-firm model and explicitly solve...
Persistent link: https://www.econbiz.de/10008562839
This paper investigates a location-quantity model in a circular city. Pal (1998) investigates a duopoly model and finds that an equidistant location pattern appears in equilibrium. Matsushima (2001a) investigates an n-firm oligopoly model and shows that, if the number of firms is even, another...
Persistent link: https://www.econbiz.de/10005110954
This paper investigates a location-quantity model in a circular city. Pal (1998) investigates a duopoly model and finds that an equidistant location pattern appears in equilibrium. Matsushima (2001a) investigates an n-firm oligopoly model and shows that, if the number of firms is even, another...
Persistent link: https://www.econbiz.de/10010629823