A model of location choice by Cournot oligopolists is presented, under the assumption that R&D spillovers depend on the distance between firms. We show that a variety of patterns emerge. Agglomeration is optimal under certain assumptions. Geographical dispersion in a two-dimensional plane is another possible outcome.
Nous étudions le problème de localisation sous l'hypothèse que le débordement technologique est fonction de la distance entre les entreprises oligopolistiques qui font concurrence à la Cournot. La concentration géographique s'avère optimale dans certains cas. Dans d'autres cas, l'équilibre implique la dispersion géographique.
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Find related papers by JEL classification: L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets D21 - Microeconomics - - Production and Organizations - - - Firm Behavior
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Edward L. Glaeser & Hedi D. Kallal & Jose A. Scheinkman & Andrei Shleifer, 1991.
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Anderson, Simon P & Neven, Damien J, 1991.
"Cournot Competition Yields Spatial Agglomeration,"
International Economic Review,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 32(4), pages 793-808, November.
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Ngo Van Long & Kar-yiu Wong, 1999.
"A Tale of Two Ports,"
Working Papers
0037, University of Washington, Department of Economics.
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