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On cost restrictions in spatial competition models with heterogeneous firms

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Author Info
Marco Alderighi () (University of Valle d'Aosta, Italy.)
Claudio A. Piga () (Dept of Economics, Loughborough University)

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Abstract

This paper investigates the properties of two types of cost restrictions that guarantee the existence of an equilibrium in pure strategies in Bayesian spatial competition models with heterogenous firms.

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File URL: http://www.lboro.ac.uk/departments/ec/RePEc/lbo/lbowps/WP_cost_restrictions_2009_09.pdf
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Publisher Info
Paper provided by Department of Economics, Loughborough University in its series Discussion Paper Series with number 2009_09.

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Date of creation: Jul 2009
Date of revision: Jul 2009
Handle: RePEc:lbo:lbowps:2009_09

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Postal: Loughborough, Leicestershire, LE11 3TU
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Web page: http://www.lboro.ac.uk/departments/ec/Research.htm
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For technical questions regarding this item, or to correct its listing, contact: (Dr. Claudio Piga).

Related research
Keywords: Localized competition; market effciency; cost heterogeneity.;

Find related papers by JEL classification:
L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis

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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.:
  1. Jonathan Vogel, 2008. "Spatial Competition with Heterogeneous Firms," Journal of Political Economy, University of Chicago Press, vol. 116(3), pages 423-466, 06. [Downloadable!] (restricted)
  2. Chad Syverson, 2004. "Market Structure and Productivity: A Concrete Example," Journal of Political Economy, University of Chicago Press, vol. 112(6), pages 1181-1222, December.
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This page was last updated on 2009-11-26.

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