Production-location decision and free entry oligopoly (vol 33, pg 252, 1992)

被引:4
|
作者
Hwang, Hong
Mai, Chao-Cheng
Shieh, Yeung-Nan [1 ]
机构
[1] San Jose State Univ, Dept Econ, San Jose, CA 95192 USA
[2] Natl Taiwan Univ, Dept Econ, Taipei 100, Taiwan
[3] Tamkang Univ, Dept Ind Econ, Tamsui 25137, Taiwan
[4] Acad Sinica, Res Ctr Humanities & Social Sci, Nankang 11529, Taiwan
[5] San Jose State Univ, Dept Econ, San Jose, CA 95192 USA
关键词
oligopoly; free entry; location choice;
D O I
10.1016/j.jue.2006.08.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper shows that there is no interior solution in Mai-Hwang's 1992 oligopolistic location model with free entry when the production function exhibits constant or decreasing returns to scale. The comparative static results of the impact of a demand change on the location decision only apply to the case where the production function exhibits increasing returns to scale. It re-examines the impact of a demand change on the location decision of an oligopolistic firm and corrects the propositions derived by [C.C. Mai, H. Hwang, Production-location decision and free entry oligopoly, Journal of Urban Economics 33 (1992) 252-271. Reprinted in: M.L. Greenhut, G. Norman (Eds.), The Economics of Location, vol. 1: Location Theory, Edward Elgar, Aldershot, 1995]. (C) 2006 Elsevier Inc. All rights reserved.
引用
收藏
页码:576 / 579
页数:4
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