Hotelling's “Ice cream dealers” with elastic demand
被引:1
作者:
Tönu Puu
论文数: 0引用数: 0
h-index: 0
机构:Department of Economics,
Tönu Puu
机构:
[1] Department of Economics,
[2] Umeå University,undefined
[3] SE-90187 Umeå,undefined
[4] Sweden (e-mail: tonu.puu@econ.umu.se),undefined
来源:
The Annals of Regional Science
|
2002年
/
36卷
关键词:
JEL classification: L13;
R30;
D O I:
暂无
中图分类号:
学科分类号:
摘要:
This article reconsiders the Hotelling duopoly model of 1929, but under elastic demand, more precisely a linear demand function. The equilibrium state for identical firms is fully described, and the intervals of different regimes: independent monopolies, genuine duopoly competition, and price cutting wars, are specified in terms of one single compound parameter (maximum price, minus marginal production cost, divided by transportation cost).