Spatial Cournot equilibria in a quasi-linear city

被引:7
|
作者
Ebina, Takeshi [1 ]
Matsumura, Toshihiro [2 ]
Shimizu, Daisuke [3 ]
机构
[1] Tokyo Univ Sci, Sch Management, Kuki, Saitama 3468512, Japan
[2] Univ Tokyo, Inst Social Sci, Bunkyo Ku, Tokyo 1130033, Japan
[3] Gakushuin Univ, Fac Econ, Toshima Ku, Tokyo 1718588, Japan
关键词
Shipping; linear city; circular city; multiple equilibria; complementarity; PRICE-DISCRIMINATION; COMPETITION; AGGLOMERATION; MODEL; BERTRAND; CHOICE;
D O I
10.1111/j.1435-5957.2010.00333.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
We investigate equilibrium locations of a spatial Cournot competition model that includes both circular city and linear city models as special cases. We find that the equilibrium location is discontinuous with respect to parameter beta (beta = 0 implies circular and beta = 1 implies linear), and multiple equilibria appear for some range of beta. The location pattern becomes exactly the same as that of the linear city for a wide range of beta, while it exactly matches that of circular city only when beta = 0. This implies the property of the linear city holds for non-measure zero case, while circular city does not.
引用
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页码:613 / 628
页数:16
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