We extend the well-known spatial competition model (d'Aspremont et al., 1979) to a continuous time model in which two firms compete in each instance. Our focus is on the entry timing decisions of firms and their optimal locations. We demonstrate that the leader has an incentive to locate closer...

This study assesses the conditions under which sequential mergers can emerge in a partially privatized oligopoly with differentiated goods. In particular, it examines:(i) the optimal merger strategies by potential merging firms, (ii) optimal merger policy, and (iii) privatization policy of...

We extend the well-known spatial competition model (d'Aspremont et al., 1979) to a continuous time model in which two firms compete in each instance. Our focus is on the entry timing decisions of firms and their optimal locations. We demonstrate that the leader has an incentive to locate closer...

This paper studies an optimal distribution of health information for a government or Non-profit Organization under various objectives and indexes, such as equality and efficiency, using social marketing approach. To examine this, employing various social welfare functions in the field of welfare...