Price competition on graphs

B-Tier
Journal: Journal of Economic Behavior and Organization
Year: 2018
Volume: 146
Issue: C
Pages: 161-179

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper extends Hotelling's model of price competition with quadratic transportation costs from a line to graphs. We derive an algorithm to calculate firm-level demand for any given graph, conditional on prices and firm locations. These graph models of price competition may lead to spatial discontinuities in firm-level demand. We show that the existence result of d’Aspremont et al. (1979) does not extend to graphs that cannot be reduced to a line or circle.

Technical Details

RePEc Handle
repec:eee:jeborg:v:146:y:2018:i:c:p:161-179
Journal Field
Theory
Author Count
2
Added to Database
2026-01-29