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Hotelling meets Weber
Lai, Fu-chuan; Tabuchi, Takatoshi - In: Regional science & urban economics 42 (2012) 6, pp. 1017-1022
Persistent link: https://www.econbiz.de/10009688200
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Horizontal product differentiation with limited attentive consumers
Schlatterer, Markus; Saur, Marc; Schmitt, Stefanie - 2019
We analyze the effects of consumers' limited attention on welfare in a model of horizontal product differentiation. We present a novel approach of modeling limited attention: an attention radius. Each consumer only notices goods that are within her attention radius, i.e., goods that are...
Persistent link: https://www.econbiz.de/10012099133
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Horizontal product differentiation with limited attentive consumers
Saur, Marc P.; Schlatterer, Markus G.; Schmitt, … - 2019
We analyze the effects of consumers' limited attention on welfare in a model of horizontal product differentiation. We present a novel approach of modeling limited attention: an attention radius. Each consumer only notices goods that are within her attention radius, i.e., goods that are...
Persistent link: https://www.econbiz.de/10011964331
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Bertrand-Edgeworth competition with substantial product differentiation
Somogyi, Robert - 2013
monopoly power. The aim of the present paper is to shed light on this question using a standard Hotelling setup. The high level …
Persistent link: https://www.econbiz.de/10010494550
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Confidence, pessimism and their impact on product differentiation in a hotelling model with demand location uncertainty
Kauffeldt, Florian; Wiesenfarth, Boris Roland - 2014
We analyze a Hotelling location-then-price duopoly game under demand uncertainty with uniformly distributed consumers …
Persistent link: https://www.econbiz.de/10010362151
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Bertrand-Edgeworth competition with substantial product differentiation
Somogyi, Robert - 2013 - Preliminary version
monopoly power. The aim of the present paper is to shed light on this question using a standard Hotelling setup. The high level …
Persistent link: https://www.econbiz.de/10010187650
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Horizontal product differentiation with limited attentive consumers
Saur, Marc P.; Schlatterer, Markus G.; Schmitt, … - 2019
We analyze the effects of consumers' limited attention on welfare in a model of horizontal product differentiation. We present a novel approach of modeling limited attention: an attention radius. Each consumer only notices goods that are within her attention radius, i.e., goods that are...
Persistent link: https://www.econbiz.de/10012287658
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Horizontal product differentiation with limited attentive consumers
Saur, Marc P.; Schlatterer, Markus G.; Schmitt, … - 2019
We analyze the effects of consumers' limited attention on welfare in a model of horizontal product differentiation. We present a novel approach of modeling limited attention: an attention radius. Each consumer only notices goods that are within her attention radius, i.e., goods that are...
Persistent link: https://www.econbiz.de/10011963815
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Complete Solution of the Hotelling Problem: Equilibrium in Secure Strategies for the Price Subgame
Iskakov, M.; Iskakov, A. - In: Journal of the New Economic Association 13 (2012) 1, pp. 10-33
(Hotelling, 1929). We employ the concept of the equilibrium in secure strategies (ESS). The reviewed definitions of the ESS and … of the best secure response are presented. The set of the secure responses in the Hotelling game is obtained both in the … case of elastic and inelastic demand. The complete solution of the two-stage location-price Hotelling game is given for the …
Persistent link: https://www.econbiz.de/10010540369
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THE MODEL OF THE LINEAR CITY UNDER TRIANGULAR DISTRIBUTION OF CONSUMERS
TORRISI, Gianpiero - In: Management Research and Practice 3 (2011) 2, pp. 7-23
This paper presents a model of oligopolistic competition in presence of horizontal differentiation of goods, under a triangular distribution of consumers. The triangular distribution represents a case of concentration of consumers around the central location. The main result is that a good deal...
Persistent link: https://www.econbiz.de/10009643306