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Optimal product variety in a Hotelling model

Meagher, Kieron

Description

Consider the Hotelling linear spatial duopoly with firm uncertainty over the consumer mean. As uncertainty about the mean grows relative to the dispersion of consumers, competitive locations become socially optimal. A limit result for discontinuous, log-concave densities is also established.

dc.contributor.authorMeagher, Kieron
dc.date.accessioned2015-12-10T23:26:40Z
dc.identifier.issn0165-1765
dc.identifier.urihttp://hdl.handle.net/1885/67869
dc.description.abstractConsider the Hotelling linear spatial duopoly with firm uncertainty over the consumer mean. As uncertainty about the mean grows relative to the dispersion of consumers, competitive locations become socially optimal. A limit result for discontinuous, log-concave densities is also established.
dc.publisherElsevier
dc.sourceEconomics Letters
dc.subjectKeywords: Location; Price discrimination; Pricing; Product variety; Uncertainty
dc.titleOptimal product variety in a Hotelling model
dc.typeJournal article
local.description.notesImported from ARIES
local.identifier.citationvolume117
dc.date.issued2012
local.identifier.absfor140104 - Microeconomic Theory
local.identifier.ariespublicationf5625xPUB1550
local.type.statusPublished Version
local.contributor.affiliationMeagher, Kieron, College of Business and Economics, ANU
local.description.embargo2037-12-31
local.bibliographicCitation.issue1 (Oct 2012)
local.bibliographicCitation.startpage71
local.bibliographicCitation.lastpage73
local.identifier.doi10.1016/j.econlet.2012.04.075
dc.date.updated2016-02-24T08:48:21Z
local.identifier.scopusID2-s2.0-84861213665
local.identifier.thomsonID000309434600020
CollectionsANU Research Publications

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