Bonein, Aurélie; Turolla, Stéphane - In: Research in economics : an international review of economics 63 (2009) 3, pp. 145-159
In entering a new market, firms face demand uncertainty. We depart from the usual Hotelling duopoly model with sequential entry. We allow firms to locate outside of the city and assume that market conditions are common knowledge. We then introduce one-sided demand uncertainty. We find that...
