We consider the presence of first-mover advantage or disadvantage in a duopoly model of product positioning in which firms are symmetric, except for order of entry. We study a generalization of the Hotelling model, in which a consumer's utility from a product depends on the location of product...

When a supplier serves multiple buyers, the buyers often reserve the supplier's capacity in advance to secure the supply to fulfill their demand. In this paper, we analyze two common types of capacity reservation: exclusive and first-priority reservations. Both reservations give a buyer first...