ROTHSCHILD, R.; HEYWOOD, JOHN S.; MONACO, KRISTEN - In: Manchester School 75 (2007) 2, pp. 237-257
In this paper we explore the concept of a 'strategic contract' between two of three entrants that arrive sequentially in a spatial market and practise discriminatory pricing. We compare our results with those arising when two firms merge to create two plants. Although this second problem is...