The equivalence of convex and concave transport cost in a circular spatial model with and without zoning

Hamoudi, Hamid; Iglesias, Isabel Ma Rodríguez; Martín-Bustamante, Marcos Sanz

doi:10.4067/s0718-52862015000100001

Cited by 2 publications

(2 citation statements)

References 15 publications

(19 reference statements)

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“…In [9] authors focused on the analysis of price equilibrium in a two-stage game of the model of spatial competition of a linear city. In [11] authors consider a circular, not a linear market. Other publications following Hotelling's model are [12] or [13] where authors deal with the price competition of the spatial duopoly.…”

Section: Models Of Spatial Competitionmentioning

confidence: 99%

Duopoly Pricing Strategy in Spatial Competition Using Constant - sum Games

Holzerova¹,

Čičková²

2022

TEM Journal

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Spatial games focused on imperfect competition are specific area of game theory dealing with behavior of market competitors. This article focuses on the formulation and solution of specific oneround spatial constant-sum game of two players deciding on the location of their branches with aim to attract customers and maximize revenues. The space is characterized by graph, in which nodes represent location of customers and possible place of service. The main goal is to present issue of determining product price of one player, based on predetermined price of his opponent. This determination takes place simultaneously with the location selection of both players.

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Section: Models Of Spatial Competitionmentioning

confidence: 99%

Duopoly Pricing Strategy in Spatial Competition Using Constant - sum Games

Holzerova¹,

Čičková²

2022

TEM Journal

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“…They show that the optimal size of the shopping area depends on the regulator's political profiles. Furthermore, Hamoudi et al (2015) complete the analysis of the location of firms by studying different specification for transportation costs to establish an equivalence result for convex and concave transport cost functions. The authors show that only a concave specification yields equilibrium.…”

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confidence: 99%