Showing 1 - 10 of 1,730
Persistent link: https://www.econbiz.de/10012320570
We develop a product-differentiated model where the product space is a network defined as a set of varieties (nodes) linked by their degrees of substitutability (edges). We also locate consumers into this network, so that the location of each consumer (node) corresponds to her "ideal" variety....
Persistent link: https://www.econbiz.de/10011548095
We survey the recent empirical literature on structural models of market entry and spatial competition in oligopoly retail industries. We start with the description of a framework that encompasses various models that have been estimated in empirical applications. We use this framework to discuss...
Persistent link: https://www.econbiz.de/10012980293
This article presents a novel method of market delineation, which generates virtually isolated residential clusters using data on the spatial distribution of population. The performance of this approach is evaluated by contrasting it with traditional delineation techniques based on municipal...
Persistent link: https://www.econbiz.de/10012114619
propositions are derived froma simple theoretical model and investigated empirically for the retail gasoline market of Vienna …, Austria.We compute a measure of network centrality based on the locations of gasoline stations in the road network. Results … from a spatial autoregressive model show that prices of gasoline stations are more strongly correlated with prices of …
Persistent link: https://www.econbiz.de/10012953392
gasoline market confirms that increases in concentration reduce product variety. Ignoring this product variety effect is likely …
Persistent link: https://www.econbiz.de/10011451069
The "spokes model" takes the name from its graphical visualisation, that resembles the spokes of a bike's wheel. It describes a market as a collection of spokes, joining at a common centre, where consumers are located. Firms may be situated at the extreme of these spokes, at the interior of the...
Persistent link: https://www.econbiz.de/10012834117
We investigate the decision of entry timing and product positions under market size uncertainty with Brownian motion for continuous-time spatial duopoly competition. We show the following results. First, the leader is more likely to increase the degree of product differentiation as volatility...
Persistent link: https://www.econbiz.de/10012854076
gasoline market confirms that increases in concentration reduce product variety. Ignoring this product variety effect is likely …
Persistent link: https://www.econbiz.de/10013318971
We study the entry timing and location decisions of two exclusive buyer-supplier relationships in a continuous-time spatial competition model. In each relationship, the firms determine their entry timing and location, and negotiate a wholesale price through Nash bargaining. Then, the downstream...
Persistent link: https://www.econbiz.de/10011723843