Spatial Cournot competition in a circular city with directional delivery constraints

被引:9
|
作者
Sun, Chia-Hung [1 ]
机构
[1] Natl Taipei Univ, Dept Econ, Taipei 237, Taiwan
来源
ANNALS OF REGIONAL SCIENCE | 2010年 / 45卷 / 02期
关键词
MARKETS; AGGLOMERATION; EQUILIBRIUM; LOCATION; AGENTS;
D O I
10.1007/s00168-009-0294-7
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper analyzes spatial Cournot competition in a circular city with a directional delivery constraint, which means that a firm can only deliver its product in one direction. It reveals that, contrary to the standard result, the unique location equilibrium involves duopoly firms agglomerating at the same location when they deliver products in different directions or when the direction decisions are made endogenously. We point out that spatial agglomeration emerges from a central point of view for a firm in a circular city, showing relaxing quantity competition through cost differentiation.
引用
收藏
页码:273 / 289
页数:17
相关论文
共 50 条