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We study experimentally a standard four-player Hotelling game, with a uniform density of consumers and inelastic demand. The pure strategy Nash equilibrium configuration consists of two firms located at one quarter of the ``linear city'', and the other two at three quarters. We do not observe...
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The objective of this paper is to study the implementation of an integrated system of information, based on Geographic … Information Systems (GIS) technologies, on the fossil fuels market that can bring economic benefits to the consumers, create …), on demand (the consumers hardly can compare the prices) and the scarcity of available information, set the conditions for …
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This article presents the international tin industry as an oligopoly organized around the International Tin Council …
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