This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Instability in Competition: Hotelling Re-reconsidered

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Helge Sanner

Additional information is available for the following registered author(s):

Abstract

In this paper we show that Puu (2002) does not provide a stable solution to the location game, according to his own definition of stability. If the usual two-stage game is considered, where in the first stage a location is chosen once and forever, and in the second stage prices are determined, the equilibrium proves stable for a sizeable interval of parameters, however. Even though this procedure is most common in analyzing Hotelling's location problem, it is not satisfying because it exhibits an inconsistent informational structure. The search for a better concept of stability is imperative.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help file. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-14299
File Format: application/pdf
File Function:
Download Restriction: no

Publisher Info
Paper provided by Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät in its series Volkswirtschaftliche Diskussionsbeiträge with number 79.

Download reference. The following formats are available: HTML, plain text, BibTeX, RIS (EndNote), ReDIF
Length:
Date of creation: Sep 2005
Date of revision:
Handle: RePEc:pot:vwldis:79

Contact details of provider:
Postal: Karl-Marx-Str. 67, 14482 Potsdam
Phone: 0331/977-4543
Fax: 0331/977-4615
Web page: http://www.uni-potsdam.de/fakultaeten/wiso.html
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (Sascha Frohwerk).

Related research
Keywords: Hotelling's main street Instability of equilibrium

Other versions of this item:

Find related papers by JEL classification:
D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection
L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
R30 - Urban, Rural, and Regional Economics - - Production Analysis and Firm Location - - - General

This paper has been announced in the following NEP Reports:

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. Martin Franke, 1995. "Die Reduktion der CO2-Emissionen durch Zertifikate?," Volkswirtschaftliche Diskussionsbeiträge 04, Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät.
  2. Dieter Kreikenbaum, 1996. "Kommunalisierung und Dezentralisierung der leitungsgebundenen Energieversorgung," Volkswirtschaftliche Diskussionsbeiträge 10, Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät. [Downloadable!]
  3. Ingo Christoph, 1995. "Anforderungen an eine standortgerechte Verkehrspolitik in der Bundesrepublik Deutschland," Volkswirtschaftliche Diskussionsbeiträge 02, Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät.
  4. Helge Sanner & Klaus Schöler, 1997. "Competition, Price Discrimination and Two-Dimensional Distrubution of Demand," Volkswirtschaftliche Diskussionsbeiträge 12, Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät. [Downloadable!]
Full references

Cited by:
(explanations, 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. Albrecht Kauffmann, 2007. "Transport Costs and the Size of Cities : the Case of Russia," Volkswirtschaftliche Diskussionsbeiträge 93, Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät. [Downloadable!]
  2. Klaus Schöler, 2007. "Gibt es eine optimale Stadtgröße?," Volkswirtschaftliche Diskussionsbeiträge 89, Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät. [Downloadable!]
Statistics
Access and download statistics

Did you know? You too can volunteer for RePEc, for example by encouraging others to use our services.

This page was last updated on 2008-8-31.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.