We extend the well-known spatial competition model (d'Aspremont et al., 1979) to a continuous time model in which two firms compete in each instance. Our focus is on the entry timing decisions of firms and their optimal locations. We demonstrate that the leader has an incentive to locate closer...

This paper develops an original model of product differentiation, to contribute to the debate about the regulation and finance of public television. It goes beond the conventional analysis in this topic, by showing the spillover effects that a public broadcaster can have upon commercial...