Please use this identifier to cite or link to this item: http://repositorio.inesctec.pt/handle/123456789/6150
Title: LOCAL MARKET STRUCTURE IN A HOTELLING TOWN
Authors: Alberto Pinto
João Paulo Almeida
Telmo Parreira
Issue Date: 2016
Abstract: We develop a theoretical framework to study the location-price competition in a Hotelling-type network game, extending the Hotelling model, with linear transportation costs, from a line (city) to a network (town). We show the existence of a pure Nash equilibrium price if, and only if, some explicit conditions on the production costs and on the network structure hold. Furthermore, we prove that the local optimal localization of the firms are at the cross-roads of the town.
URI: http://repositorio.inesctec.pt/handle/123456789/6150
http://dx.doi.org/10.3934/jdg.2016004
metadata.dc.type: article
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Appears in Collections:LIAAD - Articles in International Journals

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