Spatial Duopolistic Competition with Multipurpose and Multistop Shopping
This paper explores the impact of multipurpose and multistop shopping behavior on spatial competition among retail firms. The problem deals with a duopoly situation on a line segment. It is shown analytically that a unique location-price Nash equilibrium exists. In equilibrium, the locational configuration is dependent upon consumers' propensity for multipurpose shopping.
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Volume (Year): 26 (1992)
Issue (Month): 3 (September)
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