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In a model of spatial competition, we analyse the equilibrium outcomes in markets where the product price is exogenous. Using an extended version of the Hotelling model, we assume that firms choose their locations and the quality of the product they supply. We derive the optimal price set by a...
Persistent link: https://www.econbiz.de/10010306985
In a model of spatial competition, we analyse the equilibrium outcomes in markets where the product price is exogenous. Using an extended version of the Hotelling model, we assume that firms choose their locations and the quality of the product they supply. We derive the optimal price set by a...
Persistent link: https://www.econbiz.de/10009367921
We study the relationship between competition and quality within a spatial competition framework where firms compete in prices and quality. We generalise existing literature on spatial price-quality competition along several dimensions, including utility functions that are non-linear in income...
Persistent link: https://www.econbiz.de/10004962198
We analyse how equilibrium locations in location-price games à la Hotelling are affected when firms acquire inputs through bilateral monopoly relations with suppliers. Assuming a duopoly downstream market, we consider the case of two independent input suppliers bargaining with both downstream...
Persistent link: https://www.econbiz.de/10008914348
In a model of spatial competition, we analyse the equilibrium outcomes in markets where the product price is exogenous. Using an extended version of the Hotelling model, we assume that firms choose their locations and the quality of the product they supply. We derive the optimal price set by a...
Persistent link: https://www.econbiz.de/10009003086
Persistent link: https://www.econbiz.de/10001737359
Persistent link: https://www.econbiz.de/10001755203
Persistent link: https://www.econbiz.de/10001652050
Persistent link: https://www.econbiz.de/10002077820
Using a spatial competition framework with three ex ante identical hospitals, we study the effects of a hospital merger on quality, price and welfare. The merging hospitals always reduce quality, but the non-merging hospital responds by reducing quality if prices are fixed and increasing quality...
Persistent link: https://www.econbiz.de/10013083187