Barreda-Tarrazona, Iván; García-Gallego, Aurora; … - In: International Journal of Industrial Organization 29 (2011) 1, pp. 74-83
Hotelling's (1929) principle of minimum differentiation and the alternative prediction that firms will maximally differentiate from their rivals in order to relax price competition have not been explicitly tested so far. We report results from experimental spatial duopolies designed to address...