This paper examines the impact of oligopsony power on the location decision of undifferentiated oligopolistic firms with free entry. In the case where the distance of an oligopolistic firm from the output market is held constant, it shows that the optimum location moves away from the...

We study location equilibria for a symmetrical two-store duopoly selling differentiated products on the circle market. In contrast to the existing literature, we assume that each store sells a different product. We consider both complementarity among all varieties on the market and intra-firm...

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...

This paper examines the impact of oligopsony power on the location decision of undifferentiated oligopolistic firms with free entry. In the case where the distance of an oligopolistic firm from the output market is held constant, it shows that the optimum location moves away from the...

We study the credibility of predation to deter entry in the linear Cournot shipping model of spatial competition with strategic location choice, both on the linear and circular markets. For a high enough discount factor, the monopoly is preserved, but the credibility of predatory conduct is...

This paper examines the theoretical implications of quantity-discounted transportation rates on output effect of discriminatory f.o.b. mill pricing. Assume that the plant location of a monopoly is predetermined and demand curves are linear at two separate markets. It shows that total output...

In this note, a class of nonlinear dynamic models under rational expectations is studied. A particular solution is found using a model reference adaptive technique via an extended Kalman filtering algorithm, for which initial conditions knowledge only is required.

We tested for the presence of IT capital externalities, based on a translog cost function framework applied to 10 Japanese manufacturing industries for the years 1974 to 1993. This framework allows us to test whether investment in IT capital in other industries reduces costs in a given industry....

We investigate a mixed duopoly market by introducing quality choice into the Hotelling-type spatial competition model with linear transportation costs. We show that there does not exist a subgame perfect Nash equilibrium (SPNE) of location choice in the three-stage game that is...

We tested for the presence of IT capital externalities, based on a translog cost function framework applied to 10 Japanese manufacturing industries for the years 1974 to 1993. This framework allows us to test whether investment in IT capital in other industries reduces costs in a given industry....