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Duopoly in Space

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Author Info

  • John M. Hartwick
  • Philip G. Hartwick

Abstract

Hotelling's 1929 article concerning the behavior of duopolists in a spatial setting has had a lasting influence in economics and political science. With a simple model, he was able to elucide why "our cities become uneconomically large and business districts within them too concentrated"; and why "Methodist and Presbyterian churches are too much alike;cider is too homogenous." In this paper, we develop the constant non-zero elasticity of demand case which Hotelling referred to.

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Bibliographic Info

Article provided by Canadian Economics Association in its journal Canadian Journal of Economics.

Volume (Year): 4 (1971)
Issue (Month): 4 (November)
Pages: 485-505

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Handle: RePEc:cje:issued:v:4:y:1971:i:4:p:485-505

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  1. Cyert, Richard M & DeGroot, M H, 1970. "Multiperiod Decision Models with Alternating Choice as a Solution to the Duopoly Problem," The Quarterly Journal of Economics, MIT Press, vol. 84(3), pages 410-29, August.
  2. Paul A. Samuelson, 2011. "The Collected Scientific Papers of Paul Samuelson," MIT Press Books, The MIT Press, edition 1, volume 7, number 0262015749 edited by Janice Murray, December.
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