Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
984116 | Regional Science and Urban Economics | 2008 | 8 Pages |
Abstract
This paper introduces a symmetric zoning regulation into a spatial Cournot competition model and analyzes how this intervention affects equilibrium locations and social welfare. It is shown that firms will locate separately at the two endpoints of a wide enough zoning enacted in the middle area of a linear market. This location pattern implies that social welfare can be improved by implementing a proper zoning regulation.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Chin-Sheng Chen, Fu-Chuan Lai,