On the Existence and uniqueness of Price Equilibrium with Multi-Store Firms
AbstractThe paper gives a proof of the existence and the uniqueness of price equilibrium in a multi-product, multi-firm competition framework. It illustrates how the price levels depends on the inter-brand portfolio substitution and on the intra-brand portfolio substitution
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Bibliographic InfoPaper provided by ERMES, University Paris 2 in its series Working Papers ERMES with number 0613.
Date of creation: 2006
Date of revision:
Other versions of this item:
- Hammoudi Abdelhakim & Giraud-héraud Eric, 2009. "On the Existence and uniqueness of Price Equilibrium with Multi-Store Firms," Economics Bulletin, AccessEcon, vol. 29(2), pages 873-882.
- C0 - Mathematical and Quantitative Methods - - General
- L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
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- Pal, Debashis & Sarkar, Jyotirmoy, 2002. "Spatial competition among multi-store firms," International Journal of Industrial Organization, Elsevier, vol. 20(2), pages 163-190, February.
- Janet S. Netz & Beck A. Taylor, 2002. "Maximum Or Minimum Differentiation? Location Patterns Of Retail Outlets," The Review of Economics and Statistics, MIT Press, vol. 84(1), pages 162-175, February.
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- Janssen, Maarten C.W. & Karamychev, Vladimir A. & van Reeven, Peran, 2005.
"Multi-store competition: Market segmentation or interlacing?,"
Regional Science and Urban Economics,
Elsevier, vol. 35(6), pages 700-714, November.
- Maarten C.W. Janssen & Vladimir A. Karamychev & Peran van Reeven, 2003. "Multi-Store Competition: Market Segmentation or Interlacing?," Tinbergen Institute Discussion Papers 03-033/1, Tinbergen Institute.
- Barron, John M & Taylor, Beck A & Umbeck, John R, 2000. "A Theory of Quality-Related Differences in Retail Margins: Why There Is a "Premium" on Premium Gasoline," Economic Inquiry, Western Economic Association International, vol. 38(4), pages 550-69, October.
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