Hotelling's “Ice cream dealers” with elastic demand

被引:1
作者
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).
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页码:1 / 17
页数:16
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