Guo, Wen-Chung; Lai, Fu-Chuan - In: Letters in Spatial and Resource Sciences 6 (2013) 3, pp. 151-161
This paper extends Hwang and Mai (Am Econ Rev 80:567–575, <CitationRef CitationID="CR7">1990</CitationRef>) with an intermediate market to discuss the spatial pricing and social welfare. It is shown that the monopoly will always locate at this intermediate market under discriminatory pricing. Under simple mill pricing, the intermediate...</citationref>