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On cost restrictions in spatial competition models with heterogeneous firms

This paper investigates the properties of two types of cost restrictions that guarantee the existence of an equilibrium in pure strategies in Bayesian spatial competition models with heterogenous firms.

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File URL: http://www.lboro.ac.uk/departments/sbe/RePEc/lbo/lbowps/WP_cost_restrictions_2009_09.pdf
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Paper provided by Department of Economics, Loughborough University in its series Discussion Paper Series with number 2009_09.

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Date of creation: Jul 2009
Date of revision: Jul 2009
Handle: RePEc:lbo:lbowps:2009_09
Contact details of provider: Postal: Loughborough, Leicestershire, LE11 3TU
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Web page: http://www.lboro.ac.uk/departments/sbe/research/economics/index.html

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  1. Marco Alderighi & Claudio A. Piga, 2009. "On cost restrictions in spatial competition models with heterogeneous firms," Discussion Paper Series 2009_09, Department of Economics, Loughborough University, revised Jul 2009.
  2. d'Aspremont, C & Gabszewicz, Jean Jaskold & Thisse, J-F, 1979. "On Hotelling's "Stability in Competition"," Econometrica, Econometric Society, vol. 47(5), pages 1145-50, September.
  3. Chad Syverson, 2004. "Market Structure and Productivity: A Concrete Example," Journal of Political Economy, University of Chicago Press, vol. 112(6), pages 1181-1222, December.
  4. Marco Alderighi & Claudio A. Piga, 2008. "The Circular City with Heterogeneous Firms," Discussion Paper Series 2008_03, Department of Economics, Loughborough University, revised Jul 2008.
  5. Steven C. Salop, 1979. "Monopolistic Competition with Outside Goods," Bell Journal of Economics, The RAND Corporation, vol. 10(1), pages 141-156, Spring.
  6. Jonathan Vogel, 2008. "Spatial Competition with Heterogeneous Firms," Journal of Political Economy, University of Chicago Press, vol. 116(3), pages 423-466, 06.
  7. Eaton, B Curtis & Lipsey, Richard G, 1978. "Freedom of Entry and the Existence of Pure Profit," Economic Journal, Royal Economic Society, vol. 88(351), pages 455-69, September.
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