The Address Approach to Horizontal Product Differentiation: A Survey
AbstractThe 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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Bibliographic InfoPaper provided by School of Economics and Business Administration, University of Navarra in its series Faculty Working Papers with number 06/11.
Length: 29 pages
Date of creation: 16 Feb 2011
Date of revision:
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Web page: http://www.unav.es/facultad/econom
Oligopolistic Competition; Horizontal Product Differentiation; Hotelling;
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