Hotelling was Right

B-Tier
Journal: Journal of Economics & Management Strategy
Year: 2013
Volume: 22
Issue: 4
Pages: 706-712

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

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

Abstract

This paper proves existence of a subgame perfect equilibrium in Hotelling's original (unidimensional city, linear transportation costs, uniform distribution of the consumers, two firms with identical and constant marginal cost, perfectly inelastic demand) location–price game such that in the location subgame the location choices of the firms are pure and identical. The result can be extended to variations of the original setup (multidimensional city, nonlinear transportation costs, nonuniform distribution of consumers, many firms with identical and constant marginal costs, two or more firms with nonidentical but constant marginal costs).

Technical Details

RePEc Handle
repec:bla:jemstr:v:22:y:2013:i:4:p:706-712
Journal Field
Industrial Organization
Author Count
1
Added to Database
2026-01-29