Equilibrium in simple spatial (or differentiated product) models

DOI10.1016/0022-0531(80)90045-9zbMath0433.90010OpenAlexW2023452520MaRDI QIDQ1139492

William Novshek

Publication date: 1980

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(80)90045-9

zbMATH Keywords

free entryfixed costsymmetric equilibriacircle configurationconstant marginal cost technologydifferential product modellinear demand functionslocation of firmsmodified zero conjectural variationnonlinear demandsimple spatial model

Mathematics Subject Classification ID

General equilibrium theory (91B50)

Related Items (19)

Cournot competition in a differentiated oligopoly ⋮ Spatial discounting, Fourier, and racetrack economy: a recipe for the analysis of spatial agglomeration models ⋮ Existence of equilibria with infinitely many consumers and infinitely many commodities. A theorem based on models of commodity differentiation ⋮ Symmetric equilibrium existence and optimality in differentiated product markets ⋮ Product variety and competitive discounts ⋮ Process technologies, learning and brand proliferation ⋮ Minimal and maximal product differentiation in Hotelling's duopoly ⋮ Sequential capacity and price choices in a duopoly model with demand uncertainty ⋮ On the continuum approach of spatial and some local public goods or product differentiation models: Some problems ⋮ Dynamic Hotelling duopoly with linear transportation costs ⋮ Multiproduct firms in the representative consumer model of product differentiation ⋮ Location-price competition with delivered pricing and elastic demand ⋮ Cost-reducing horizontal mergers that leave prices unchanged in models of spatial competition ⋮ Product flexibility and price competition in Hotelling's duopoly ⋮ Does Cournot competition yield spatial agglomeration? ⋮ The efficiency of monopolistically competitive equilibria in large economies: Commodity differentiation with Gross substitutes ⋮ Wholesale competition in the international telecommunications system ⋮ Location models as models of product choice ⋮ Differentiated industries without entry barriers

Cites Work

• Monopolistic Competition in a Large Economy with Differentiated Commodities
• The Principle of Minimum Differentiation Reconsidered: Some New Developments in the Theory of Spatial Competition

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