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    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/75534

    Title: Spatial competition with quadratic transport costs and one online firm
    Authors: Guo, W.-C.;Lai, Fu-Chuan
    Contributors: 財政系
    Keywords: competition (economics);market;numerical model;oligopoly
    Date: 2014-01
    Issue Date: 2015-06-02 17:25:45 (UTC+8)
    Abstract: d'Aspremont (Econometrica 47:1145-1150, 1979) showed that a Hotelling (Econ J 39:41-57, 1929) duopoly model with quadratic transport costs yields maximal differentiation. However, the introducing of an online firm ensures that the duopolist will never be located at the end points of the market. In other words, an online firm can raise a market effect that induces two firms to be finitely differentiated. The implication of the socially optimal solution is derived. The results herein can be extended to allow multiple firms. Finally, a free-entry equilibrium and the Stackelberg equilibrium are also discussed. © 2013 Springer-Verlag Berlin Heidelberg.
    Relation: Annals of Regional Science, 52(1), 309-324
    Data Type: article
    DOI 連結: http://dx.doi.org/10.1007/s00168-013-0576-y
    DOI: 10.1007/s00168-013-0586-9
    Appears in Collections:[財政學系] 期刊論文

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