کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
9724505 | 1477376 | 2005 | 13 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Endogenous sequential entry in a spatial model revisited
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موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
This article reexamines sequential entry of firms in a Hotelling model of spatial product differentiation as analyzed by Neven [Neven, D.J., 1987. Endogenous sequential entry in a spatial model. International Journal of Industrial Organization 5, 419-434.]. I show that the pattern of locations is generally asymmetric in the case of a duopoly. Profits are non-monotonic in market size, even in the range where the number of firms does not change. The firm that bears the “burden” of entry deterrence gains from lower barriers to entry as long as entry deterrence is possible. Equilibrium profits of all firms may be larger in situations in which more firms are active.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Journal of Industrial Organization - Volume 23, Issues 3â4, April 2005, Pages 249-261
Journal: International Journal of Industrial Organization - Volume 23, Issues 3â4, April 2005, Pages 249-261
نویسندگان
Georg Götz,