Multi-store competition : market segmentation or interlacing?

Maarten C. W. Janssen; Vladimir A. Karamychev; Peran van Reeven

This paper develops a model for multi-store competition between firms. Using thefact that different firms have different outlets and produce horizontally differentiated goods, we obtain a pure strategy equilibrium where firms choose a different location for each outlet and firms' locations are interlaced. Moreover, generically, the subgame perfect equilibrium isunique and when the firms have an equal number of outlets, prices are independent of the number of outlets.

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Year of publication:	2004
Authors:	Janssen, Maarten C. W. ; Karamychev, Vladimir A. ; Reeven, Peran A. van
Publisher:	Rotterdam [u.a.] : Tinbergen Inst.
Subject:	multi-store competition \| hotelling \| interlacing \| Hotelling-Modell \| Hotelling model \| Marktsegmentierung \| Market segmentation \| Filiale \| Branch office \| Einzelhandel \| Retail trade \| Hotellerie \| Hotel industry

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Extent:	Online-Ressource (24 S.) graph. Darst.
Series:	Discussion paper / Tinbergen Institute. - Rotterdam [u.a.] : [Verlag nicht ermittelbar], ISSN 0929-0834, ZDB-ID 2435783-2. - Vol. 2003,033
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/85802 [Handle]
Classification:	I18 - Government Policy; Regulation; Public Health ; D10 - Household Behavior and Family Economics. General ; Z13 - Social Norms and Social Capital
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011333253