کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
10482598 | 934115 | 2005 | 8 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Constrained efficient locations under delivered pricing
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موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
In this article, we extend previous results on competitive delivered pricing by considering the second-best problem in which the social planner can regulate firm's locations but not their pricing. Assuming constant marginal costs, we show that the constrained socially optimal locations are an equilibrium of the location-price game when: (i) demand is perfectly inelastic and (ii) demand is price sensitive but firms practice first-degree price discrimination. However, with elastic demand and linear delivered pricing, the market equilibrium provides too much spatial differentiation.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Regional Science and Urban Economics - Volume 35, Issue 1, January 2005, Pages 49-56
Journal: Regional Science and Urban Economics - Volume 35, Issue 1, January 2005, Pages 49-56
نویسندگان
Cesaltina Pacheco Pires,