Cheng, Hui Wen; Yang, Chin Wei - In: Advances in management & applied economics 2 (2012) 3, pp. 125-132
This paper replicates two spatial monopoly models by Takayama and Judge. The first one is a simple spatial monopoly … our model is far from being either of the spatial monopoly models. The Appalachian steamcoal market, characterized by … numerous coal mines as well as utility companies, simply cannot be modeled by the spatial monopoly models. -- spatial model …
