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Allgemeines Gleichgewicht 1 Evolutionäre Spieltheorie 1 Hotelling-Regel 1 Produktdifferenzierung 1 Theorie 1 Verdrängungswettbewerb 1 Walrasian 1 evolutionally stable 1 product positioning 1 spatial agglomeration 1 two dimensional choice 1
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English 1
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Matsumura, Toshihiro 1 Matsushima, Noriaki 1 Yamamori, Tetsuo 1
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EconStor 1
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Evolution of competitive equilibrium with endogenous product differentiation
Matsumura, Toshihiro; Matsushima, Noriaki; Yamamori, Tetsuo - 2010
Previous theoretical researches show that learning from good performers yields intense competition and results in the low profitability of firms. These researchers do not take into account differentiation strategies being referred as a useful strategic tool to mitigate competition. We introduce...
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