Hotelling's "ice cream dealers" with elastic demand

被引:16
作者
Puu, T [1 ]
机构
[1] Umea Univ, Dept Econ, SE-90187 Umea, Sweden
关键词
JEL classification: L13; R30;
D O I
10.1007/s001680100062
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article reconsiders the Hotelling duopoly model of 1929, but under elastic demand, more precisely a linear demand function. The equilibrium state for identical firms is fully described, and the intervals of different regimes: independent monopolies, genuine duopoly competition, and price cutting wars, are specified in terms of one single compound parameter (maximum price, minus marginal production cost, divided by transportation cost).
引用
收藏
页码:1 / 17
页数:17
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