Guo, Wen-Chung; Lai, Fu-Chuan; Zeng, Dao-Zhi - In: Mathematical Social Sciences 73 (2015) C, pp. 40-49
This paper extends the Hotelling model of spatial competition by incorporating the production technology and labor inputs. A duopolistic game is constructed in which firms choose their locations simultaneously in the first stage, and decide the prices of the product and wages of labor in the...