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政大機構典藏 > 社會科學學院 > 財政學系 > 期刊論文 > Item 140.119/65471

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/65471

Title:	Hotelling meets Weber
Authors:	賴孚權 Laia, Fu-Chuan;Tabuchi, Takatoshi
Contributors:	財政系
Keywords:	Hotelling;Weber;Location competition;Social welfare
Date:	2012.11
Issue Date:	2014-04-17 16:26:18 (UTC+8)
Abstract:	In this paper, spatial competition between two sellers in a market (Hotelling, 1929) and total transportation costs minimization (Weber, 1909) are combined, and equilibrium and optimum locations of firms are analyzed along with the consequent policy implications. We show that when the output prices are fixed and equal, both firms agglomerate at the market center, irrespective of the distribution of inputs. Further, we also show that when output price is endogenous, the middle point of firm locations in Hotelling`s model is identical to the Weber point. Finally, we show that the locations of Hotelling`s firms are far from the socially optimal location.
Relation:	Regional Science and Urban Economics,42(6), 1017-1022
Data Type:	article
DOI 連結:	http://dx.doi.org/10.1016/j.regsciurbeco.2011.09.001
DOI:	10.1016/j.regsciurbeco.2011.09.001
Appears in Collections:	[財政學系] 期刊論文

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