Optimal product variety in a Hotelling model

Date

2012

Authors

Meagher, Kieron

Journal Title

Journal ISSN

Volume Title

Publisher

Elsevier

Abstract

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.

Description

Keywords

Keywords: Location; Price discrimination; Pricing; Product variety; Uncertainty

Citation

Source

Economics Letters

Type

Journal article

Book Title

Entity type

Access Statement

License Rights

Restricted until

2037-12-31