The Address Approach to Horizontal Product Differentiation: A Survey

The problem of non-existence of perfect equilibrium in the original model of Harold Hotelling and the principle of minimum differentiation he suggested have been tackled on different grounds. This paper provides a survey on the address approach to horizontal product differentiation and the different ways that works after Hotelling solved the problem of non-existence of perfect equilibrium by changing some of the assumptions of the model.

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Year of publication:	2011-02-16
Authors:	Elizalde, Javier
Institutions:	School of Economics and Business Administration, University of Navarra
Subject:	Oligopolistic Competition \| Horizontal Product Differentiation \| Hotelling

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Extent:	application/pdf
Series:	Faculty Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 06/11 29 pages
Classification:	D43 - Oligopoly and Other Forms of Market Imperfection ; L10 - Market Structure, Firm Strategy, and Market Performance. General ; L13 - Oligopoly and Other Imperfect Markets
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010612041