Advanced Search
MyIDEAS: Login to save this paper or follow this series

Winners and Losers in Spatial Duopoly Markets; the Relevance of a Value Transfer Approach

Contents:

Author Info

  • Frans Bal

    ()
    (Vrije Universiteit Amsterdam)

  • Peter Nijkamp

    ()
    (Vrije Universiteit Amsterdam)

Abstract

The effect of economic behaviour of different actors on the size of a market area is a classical subject of study in regional economics and over the years many studies have been published on this subject. Regional market differences are not only relevant in (location-) allocation theory, but they may also offer intriguing research opportunities for value transfer analysis. In our study a fresh look will be taken at the key forces determining the size of a market area and its implications and possibilities for value transfer. We will address in particular the combination of price competition (modelled by using a modified Bertrand duopoly model) and transport costs.In the paper, Hotelling's duopolistic allocation model will act as the basis for further theorizing. The reasons for the emergence of regional duopoly markets will be investigated by using the willingness-to-pay of households. A modified duopolistic model to analyze also the effects of choice behaviour under conditions of congestion will be placed in the context of earlier research on these types of models, while its implications for value transfer will be traced.Throughout the paper, a strictly formal approach will be adopted in order to identify the general conditions under which value transfer is feasible.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://papers.tinbergen.nl/98004.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 98-004/3.

as in new window
Length:
Date of creation: 16 Jan 1998
Date of revision:
Handle: RePEc:dgr:uvatin:19980004

Contact details of provider:
Web page: http://www.tinbergen.nl

Related research

Keywords:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Timothy J. Kehoe, 1990. "Computation and Multiplicity of Equilibria," Discussion Paper Serie A 309, University of Bonn, Germany.
  2. Frans Bal & Peter Nijkamp, 1997. "Exogenous and Endogenous Spatial Growth Models," Tinbergen Institute Discussion Papers 97-022/3, Tinbergen Institute.
  3. Carson, Richard T. & Flores, Nicholas E. & Martin, Kerry M. & Wright, Jennifer L., 1995. "Contingent Valuation and Revealed Preference Methodologies: Comparing the Estimates for Quasi-Public Goods," 1995 Conference (39th), February 14-16, 1995, Perth, Australia 148793, Australian Agricultural and Resource Economics Society.
  4. Nijkamp, Peter & Pepping, Gerard, 1997. "A meta-approach to investigate the variance in transport cost elasticities: a cross-national European comparison," Serie Research Memoranda 0071, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Bal, Frans & Nijkamp, Peter, 1998. "A new scientific challenge in economics : theory building via synthesis," Serie Research Memoranda 0056, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:dgr:uvatin:19980004. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Antoine Maartens (+31 626 - 160 892)).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.