Hou, Haiyang; Wu, Xiaobo; Zhou, Weihua - In: Economic Modelling 31 (2013) C, pp. 574-577
This paper proposes a two-stage spatial duopoly model to explore how the firms improve the value of product by service enhancement. In the model, we assume that the higher service ability means lower transportation cost. The results show that when two private firms participate in competition, no...