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In this paper we study the problem of a city with access to two subcentres selling a differentiated product. The first subcentre has low free flow transport costs but is easily congested (near city centre, access by road). The second one has higher free flow transport costs but is less prone to...
Persistent link: https://www.econbiz.de/10012733119
The paper studies indirect network effects in a market composed by two incompatible intermediaries that choose price (short-term issue) in addition to location (long-term issue). The paper first shows that (i) when the network externality is sufficiently weak, only maximum differentiation...
Persistent link: https://www.econbiz.de/10010481985
This article focuses on the location decision of firms when competing in a spatial Cournot duopoly. Our original contribution is that firms are dependent on a natural resource input, which is assumed to be located in one of the extremes of the market, to be able to produce the output sought by...
Persistent link: https://www.econbiz.de/10011517117
We analyze a model of a vertically differentiated duopoly with two regions. These two locations differ for the market size or for the distribution of the willingness to pay for quality of their consumers. Firms sequentially choose to settle in one region and then simultaneously compete in...
Persistent link: https://www.econbiz.de/10012734493
The paper explores the analogy between city and two-sided market. It generalizes the results on the pricing strategies of the platform in the two-sided markets for the case when concentration spillover plays an important role. The two-sided market framework is applied to model a city. The paper...
Persistent link: https://www.econbiz.de/10014208548
Persistent link: https://www.econbiz.de/10008778527
Comments on the Translation -- 1 Stating the Economic Problem and Basic Principles -- 2 General Analysis of Typical Market Structures -- 3 Analysis of the Relationship between Dual Markets and Multiple Markets -- 4 Dyopolistic Market Share Ranking -- 5 Landmark History of Economic Thought -- 6...
Persistent link: https://www.econbiz.de/10014015166
A substantial body of research has examined the contributions of university research to regional economic development and technological innovation. This literature suggests that the channels through which university-based research affects regional economic or innovative activity may be divided...
Persistent link: https://www.econbiz.de/10011116599
This paper considers the effect of the internalization of the costs of point source pollution and congestion by Cournot duopolists in a linear city. The central agglomeration of Cournot duopolists in a linear city is well known. However, this paper shows that even under the condition in which...
Persistent link: https://www.econbiz.de/10014076891
This paper investigates firms' optimal location choices explicitly accounting for the role of inwards and outwards knowledge spillovers in a dynamic Cournot oligopoly with firms that are heterogeneous in their ability to carry out cost-reducing R&D. Firms can either locate in an industrial...
Persistent link: https://www.econbiz.de/10011774117