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Persistent link: https://www.econbiz.de/10009349190
We study a spatial competition model which is a variant of the celebrated Hotelling (1929) framework. One of the firm is a brick-and-mortar one while the other is on-line. Both firms sell the same product except that (constant) marginal costs may differ. Consumers going to the shop around the...
Persistent link: https://www.econbiz.de/10009318023