Piga, Claudio; Poyago-Theotoky, Joanna - In: Managerial and Decision Economics 25 (2004) 3, pp. 157-161
We present a model of spatial price discrimination where R&D spillovers are endogenous as they depend on firms' location. We establish that both the distance between locations and R&D efforts are an increasing function of the transportation cost coefficient and show that there is a continuum of...