منابع مشابه
Hotelling¡ ̄s Location Model in Mixed Duopoly
We investigate a mixed duopoly market where a welfare−maximizing public firm competes against a profit−maximizing private firm, using a linear−city location−then−price model with linear transportation costs. We find that, compared with the results in the purely private duopoly case discussed by Hotelling (1929) and d' Aspremont, Gabszewicz, and Thisse (1979), the condition under which price equ...
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We model a duopoly in which media compete in both the consumer and the advertising markets. The advertisers’ payoffs depend on the coverage in the consumer market, hence there are cross-market externalities but no direct transfers are possible. At a (sunk) cost, platforms select the quality they offer consumers, and the prices they charge consumers and advertisers. Under well-defined conditions...
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We propose a space–time Hotelling model that introduces a unit size of the vertical time axis in the classical Hotelling unit interval model. The proposed model allows explicit consideration of the probability that a consumer arrives at a retail store up to time t to purchase goods. The proposed model is useful in a variety of retailing problems. We briefly demonstrate an application of the pro...
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This paper analyses the problem of price discrimination and product design in a duopoly model with both horizontal and vertical differentiation. Discriminatory contracts are first characterised at each customer location. It is then shown that firms’ locations have a big impact on their discriminatory ability and that equilibrium locations are not monotonic with respect to the heterogeneity para...
متن کاملHarold Hotelling
The resolution of a set of n tests o r other var ia tes into components 7~, each of which accounts for the greates t possible port ion 71, ~,~, . , of the total variance of the tests unaccounted for by the previous components, has been dealt with by the author in a previous paper (2). Such "factors ," on account of their analogy with the principal axes of a quadric, have been called principal c...
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ژورنال
عنوان ژورنال: Research in Economics
سال: 2017
ISSN: 1090-9443
DOI: 10.1016/j.rie.2016.08.002