Uncertain spatial demand and price flexibility: A state space approach to duopoly

Date

2011

Authors

Meagher, Kieron
Zauner, Klaus

Journal Title

Journal ISSN

Volume Title

Publisher

Elsevier

Abstract

Sufficient conditions for a unique price equilibrium, in terms of the uncertainty distribution and the state contingent consumer distributions, are given for spatial duopoly. Also considered are efficiency and endogenous locations for the symmetric case and comparative statics on price flexibility.

Description

Keywords

Keywords: Hotelling; Location; Product differentiation; Uncertainty

Citation

Source

Economics Letters

Type

Journal article

Book Title

Entity type

Access Statement

License Rights

DOI

10.1016/j.econlet.2011.06.003

Restricted until

2037-12-31