کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
983899 | 934097 | 2009 | 7 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Analytical solution of a multi-dimensional Hotelling model with quadratic transportation costs
دانلود مقاله + سفارش ترجمه
دانلود مقاله ISI انگلیسی
رایگان برای ایرانیان
کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
چکیده انگلیسی
We present an analytical solution to the two-dimensional two-stage Hotelling model with quadratic transportation costs. We assume that consumers' choice is tempered by a logit function, which characterizes consumers' heterogeneity. As in the one-dimensional case, stores aggregate spatially when consumers' heterogeneity is strong enough. When it decreases, we show that stores differentiate in only one dimension. The analytical solution allows us to give a precise interpretation of this effect through the comparison of consumers' elasticity under differentiation along one or two characteristics. Finally, we extend our results to a hypercube of any dimension.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Regional Science and Urban Economics - Volume 39, Issue 3, May 2009, Pages 343–349
Journal: Regional Science and Urban Economics - Volume 39, Issue 3, May 2009, Pages 343–349
نویسندگان
Hernán Larralde, Juliette Stehlé, Pablo Jensen,