LOCAL MARKET STRUCTURE IN A HOTELLING TOWN

Detalhes bibliográficos
Autor(a) principal: Alberto Pinto
Data de Publicação: 2016
Outros Autores: João Paulo Almeida, Telmo Parreira
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://repositorio.inesctec.pt/handle/123456789/6150
http://dx.doi.org/10.3934/jdg.2016004
Resumo: We develop a theoretical framework to study the location-price competition in a Hotelling-type network game, extending the Hotelling model, with linear transportation costs, from a line (city) to a network (town). We show the existence of a pure Nash equilibrium price if, and only if, some explicit conditions on the production costs and on the network structure hold. Furthermore, we prove that the local optimal localization of the firms are at the cross-roads of the town.
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spelling LOCAL MARKET STRUCTURE IN A HOTELLING TOWNWe develop a theoretical framework to study the location-price competition in a Hotelling-type network game, extending the Hotelling model, with linear transportation costs, from a line (city) to a network (town). We show the existence of a pure Nash equilibrium price if, and only if, some explicit conditions on the production costs and on the network structure hold. Furthermore, we prove that the local optimal localization of the firms are at the cross-roads of the town.2018-01-15T14:38:41Z2016-01-01T00:00:00Z2016info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://repositorio.inesctec.pt/handle/123456789/6150http://dx.doi.org/10.3934/jdg.2016004engAlberto PintoJoão Paulo AlmeidaTelmo Parreirainfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-05-15T10:19:53Zoai:repositorio.inesctec.pt:123456789/6150Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:52:23.380453Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv LOCAL MARKET STRUCTURE IN A HOTELLING TOWN
title LOCAL MARKET STRUCTURE IN A HOTELLING TOWN
spellingShingle LOCAL MARKET STRUCTURE IN A HOTELLING TOWN
Alberto Pinto
title_short LOCAL MARKET STRUCTURE IN A HOTELLING TOWN
title_full LOCAL MARKET STRUCTURE IN A HOTELLING TOWN
title_fullStr LOCAL MARKET STRUCTURE IN A HOTELLING TOWN
title_full_unstemmed LOCAL MARKET STRUCTURE IN A HOTELLING TOWN
title_sort LOCAL MARKET STRUCTURE IN A HOTELLING TOWN
author Alberto Pinto
author_facet Alberto Pinto
João Paulo Almeida
Telmo Parreira
author_role author
author2 João Paulo Almeida
Telmo Parreira
author2_role author
author
dc.contributor.author.fl_str_mv Alberto Pinto
João Paulo Almeida
Telmo Parreira
description We develop a theoretical framework to study the location-price competition in a Hotelling-type network game, extending the Hotelling model, with linear transportation costs, from a line (city) to a network (town). We show the existence of a pure Nash equilibrium price if, and only if, some explicit conditions on the production costs and on the network structure hold. Furthermore, we prove that the local optimal localization of the firms are at the cross-roads of the town.
publishDate 2016
dc.date.none.fl_str_mv 2016-01-01T00:00:00Z
2016
2018-01-15T14:38:41Z
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http://dx.doi.org/10.3934/jdg.2016004
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http://dx.doi.org/10.3934/jdg.2016004
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