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The Address Approach to Horizontal Product Differentiation: A Survey

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  • Javier Elizalde

    ()
    (Universidad de Navarra)

Abstract

The problem of non-existence of perfect equilibrium in the original model of Harold Hotelling and the principle of minimum differentiation he suggested have been tackled on different grounds. This paper provides a survey on the address approach to horizontal product differentiation and the different ways that works after Hotelling solved the problem of non-existence of perfect equilibrium by changing some of the assumptions of the model.

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File URL: http://www.unav.es/facultad/econom/files/workingpapersmodule/@random4d35501bb6886/1299002006_WP_UNAV_06_11.pdf
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Bibliographic Info

Paper provided by School of Economics and Business Administration, University of Navarra in its series Faculty Working Papers with number 06/11.

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Length: 29 pages
Date of creation: 16 Feb 2011
Date of revision:
Handle: RePEc:una:unccee:wp0611

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Web page: http://www.unav.es/facultad/econom

Related research

Keywords: Oligopolistic Competition; Horizontal Product Differentiation; Hotelling;

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