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Equilibria for a Three-Person Location Problem

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Author Info
Martin J. Osborne (Columbia University)
Carolyn Pitchik (New York University)

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Abstract

We find all the mixed strategy equilibria, within a certain class, of the simplified three-firm location model of Hotelling (in which the price variable is ignored).

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File URL: http://cowles.econ.yale.edu/P/cd/d06a/d0628.pdf
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Paper provided by Cowles Foundation, Yale University in its series Cowles Foundation Discussion Papers with number 628.

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Length: 27 pages
Date of creation: Apr 1982
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Handle: RePEc:cwl:cwldpp:628

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  1. d'Aspremont, C & Gabszewicz, Jean Jaskold & Thisse, J-F, 1979. "On Hotelling's "Stability in Competition"," Econometrica, Econometric Society, vol. 47(5), pages 1145-50, September. [Downloadable!] (restricted)
  2. Eaton, B Curtis & Lipsey, Richard G, 1975. "The Principle of Minimum Differentiation Reconsidered: Some New Developments in the Theory of Spatial Competition," Review of Economic Studies, Blackwell Publishing, vol. 42(1), pages 27-49, January. [Downloadable!] (restricted)
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