Software for the Computation of Markov-Perfect Equilibria in a Dynamic Game of Store Location by Multi-Store Firms

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Software for the Computation of Markov-Perfect Equilibria in a Dynamic Game of Store Location by Multi-Store Firms

Author Info

Aguirregabiria, Victor
Vicentini, Gustavo

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Victor Aguirregabiria

Abstract

This document is a supplement of the paper "Dynamic Spatial Competition Between Multi-Store Firms" by Aguirregabiria and Vicentini (2007). It describes in detail the library of programs and procedures, in GAUSS language, that is used in that paper. The program computes an equilibrium of a dynamic game of store location and spatial competition by multi-store firms. The equilibrium of the game is a space-time stochastic process for the network of stores of each firm as well as for prices, markups, profits and consumer welfare at every location in the geographic market. We illustrate the use of the program with an example.

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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 17035.

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Date of creation: May 2007
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Handle: RePEc:pra:mprapa:17035

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Find related papers by JEL classification:
R30 - Urban, Rural, and Regional Economics - - Production Analysis and Firm Location - - - General
L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games

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