Iskakov, M.; Iskakov, A. - In: Journal of the New Economic Association 13 (2012) 1, pp. 10-33
We study the classical problem of spatial competition between two players with linear transport costs proposed by (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...