Spatial Duopolistic Competition with Multipurpose and Multistop Shopping
AbstractThis paper explores the impact of multipurpose and multistop shopping behavior on spatial competition among retail firms. The problem deals with a duopoly situation on a line segment. It is shown analytically that a unique location-price Nash equilibrium exists. In equilibrium, the locational configuration is dependent upon consumers' propensity for multipurpose shopping.
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Bibliographic InfoArticle provided by Springer in its journal Annals of Regional Science.
Volume (Year): 26 (1992)
Issue (Month): 3 (September)
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Web page: http://link.springer.de/link/service/journals/00168/index.htm
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- Lahmandi-Ayed, Rim, 2010. "Spatial differentiation, divisible consumption and the pro-competitive effect of income," Journal of Mathematical Economics, Elsevier, vol. 46(1), pages 71-85, January.
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