Spatial Duopolistic Competition with Multipurpose and Multistop Shopping.
This paper explores the impact of multipurpose and multistop shopping behavior on spatial competition among retail firms. The problem deals with a duopoly situation on a line segment. It is shown analytically that a unique location-price Nash equilibrium exists. In equilibrium, the locational configuration is dependent upon consumers' propensity for multipurpose shopping.
Year of publication: |
1992
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Authors: | Thill, Jean-Claude |
Published in: |
The Annals of Regional Science. - Western Regional Science Association - WRSA. - Vol. 26.1992, 3, p. 287-304
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Publisher: |
Western Regional Science Association - WRSA |
Saved in:
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