LOCAL MARKET STRUCTURE IN A HOTELLING TOWN

被引：1
|
作者：
Pinto, Alberto A. [1 ,2 ]
Almeida, Joao P. [3 ,4 ]
Parreira, Telmo [5 ]
机构：
[1] Univ Porto, Fac Sci, LIAAD INESC TEC, Rua Campo Alegre 687, P-4169007 Oporto, Portugal
[2] Univ Porto, Dept Math, Rua Campo Alegre 687, P-4169007 Oporto, Portugal
[3] LIAAD INESC TEC, Campus Santa Apolonia, P-5300253 Braganca, Portugal
[4] Polytech Inst Braganca, Campus Santa Apolonia, P-5300253 Braganca, Portugal
[5] Univ Minho, Dept Math, Campus Gualtar Braga, Braga, Portugal
来源：
JOURNAL OF DYNAMICS AND GAMES | 2016年 / 3卷 / 01期
关键词：
Hotelling model; game theory; price competition; networks; oligopoly models;
D O I：
10.3934/jdg.2016004
中图分类号：
O1 [数学];
学科分类号：
0701 ; 070101 ;
摘要：
We develop a theoretical framework to study the location-price competition in a Hotelling-type network game, extending the Hotelling model, with linear transportation costs, from a line (city) to a network (town). We show the existence of a pure Nash equilibrium price if, and only if, some explicit conditions on the production costs and on the network structure hold. Furthermore, we prove that the local optimal localization of the firms are at the cross-roads of the town.
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页码：75 / 100
页数：26
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