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A Duopoly Location Toolkit: Consumer Densities Which Yield Unique Spatial Duopoly Equilibria

Meagher, Kieron; Teo, Ernie; Wang, Wen

Description

Anderson, Goeree and Ramer (1997) observe that although the Uniform consumer density is almost universally assumed in Hotelling style location games, it is more realistic to assume non-uniform distributions. Using Anderson et al.'s (1997) sufficient conditions for the existence of a unique pure strategy equilibrium, we extend the list of known distributions with characterised equilibria from two (Uniform and Triangular) to seven. Our extension includes the Normal and Logistic distributions...[Show more]

CollectionsANU Research Publications
Date published: 2008
Type: Journal article
URI: http://hdl.handle.net/1885/20192
Source: The BE Journal in Theoretical Economics

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