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This paper develops a model for multi-store competition between firms. Using the fact that different firms have different outlets and produce horizontally differentiated goods, we obtain a pure strategy equilibrium where firms choose a different location for each outlet and firms' locations are...
Persistent link: https://www.econbiz.de/10005209529
A monopolist in public transport may oversupply frequency relative to the social optimum, as van Reeven (2008) demonstrates with homogeneous consumers. This result generalizes for heterogeneous consumers who know the timetable. Whether a monopolist oversupplies or undersupplies frequency depends...
Persistent link: https://www.econbiz.de/10004987444
This discussion paper led to a publication in the <I>Regional Science and Urban Economics</I> (2005). Vol. 35(6), pages 700-714.<P> This paper develops a model for multi-store competition between firms. Using thefact that different firms have different outlets and produce horizontally differentiated...</p></i>
Persistent link: https://www.econbiz.de/10011257018
A monopolist in public transport may oversupply frequency relative to the social optimum, as van Reeven (2008) demonstrates with homogeneous consumers. This result generalizes for heterogeneous consumers who know the timetable. Whether a monopolist oversupplies or undersupplies frequency depends...
Persistent link: https://www.econbiz.de/10011257060
This paper analyses the behavior of an individual who wants to maximize his utility function, but he is not able to evaluate it. There are many ways to choose a single alternative from a given set. We show that a unique utility maximizing procedure exists. Choices induced by this optimal...
Persistent link: https://www.econbiz.de/10010325206
A growing number of cities and towns restrict the number of chain stores within their borders in order to prevent sprawl and increase in traffic problems. This paper verifies these concerns by analyzing endogenous location choices by multi-store firms, which sell heterogeneous products and can...
Persistent link: https://www.econbiz.de/10005363156
At the edge of cities, park-and-ride (P + R) facilities pop up with the aim to intercept motorists from traveling into the city. However, these facilities also appear attractive to public transport users who start using their cars for getting to the P + R location. This paper...
Persistent link: https://www.econbiz.de/10009249906
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