Showing 1 - 4 of 4
Persistent link: https://www.econbiz.de/10003984759
Persistent link: https://www.econbiz.de/10009749326
Equilibrium in the Hotelling model of spatial competition is guaranteed if the distribution of consumers is log concave. In the real world, nothing guarantees such a log concave distribution however, rendering the analytical model unable to provide a primer as to what one might expect from...
Persistent link: https://www.econbiz.de/10011521674
Persistent link: https://www.econbiz.de/10011655827