The Implications of Space for Competition
AbstractIncorporating space in economic models has two important consequences. First, the hypothesis of perfect competition becomes untenable, and second, the distinction between private and public goods becomes blurred. We review arguments that lead to these conclusions and summarize recent work pointing to other incentive systems that might lead to efficient location decisions and pricing policies.
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Bibliographic InfoPaper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 724.
Date of creation: Oct 1992
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Find related papers by JEL classification:
- D40 - Microeconomics - - Market Structure and Pricing - - - General
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
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- Sébastien Liarte & Bernard Forgues, 2008. "Location strategies of multiunit service businesses: spatial differentiation and agglomeration among hamburger restaurants in Paris, 1984–2004," Service Business, Springer, vol. 2(3), pages 233-248, September.
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