We show that the price-setting subgame in the classic Hotelling’s model (1929) with the linear transport costs has the …

We consider the effects of export restraints on price competition in the Hotelling model of hor- izontal product …

developed by Hotelling. Firms choose capacities in the first stage and then compete in price. We show that capacity … structure inherent to the Hotelling model. If furthermore the installation cost for capacity is one fourth of the transportation …

(Hotelling, 1929). We employ the concept of the equilibrium in secure strategies (ESS). The reviewed definitions of the ESS and … of the best secure response are presented. The set of the secure responses in the Hotelling game is obtained both in the … case of elastic and inelastic demand. The complete solution of the two-stage location-price Hotelling game is given for the …

The problem of non-existence of perfect equilibrium in the original model of Harold Hotelling and the principle of … approach to horizontal product differentiation and the different ways that works after Hotelling solved the problem of non …

monopoly power. The aim of the present paper is to shed light on this question using a standard Hotelling setup. The high level …