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On spatial competition with quadratic transport costs and one online firm
Abstract Guo and Lai (Ann Reg Sci 52(1):309–324, 2014) argue that, under quadratic transport costs, when two offline firms compete with one online firm, the two offline firms locate in such a way that they occupy unconnected regions in the market. However, we offer a counterexample to show that their provided condition is not sufficient to support existence of subgame perfect equilibria, because location deviations to different market structures are not taken into account.
On spatial competition with quadratic transport costs and one online firm
Abstract Guo and Lai (Ann Reg Sci 52(1):309–324, 2014) argue that, under quadratic transport costs, when two offline firms compete with one online firm, the two offline firms locate in such a way that they occupy unconnected regions in the market. However, we offer a counterexample to show that their provided condition is not sufficient to support existence of subgame perfect equilibria, because location deviations to different market structures are not taken into account.
On spatial competition with quadratic transport costs and one online firm
Colombo, Stefano (Autor:in) / Hou, Zemin (Autor:in)
2019
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
BKL:
83.64$jRegionalwirtschaft
/
74.12
Stadtgeographie, Siedlungsgeographie
/
38.00$jGeowissenschaften: Allgemeines
/
38.00
Geowissenschaften: Allgemeines
/
83.64
Regionalwirtschaft
/
74.12$jStadtgeographie$jSiedlungsgeographie
RVK:
ELIB39
/
ELIB18
/
ELIB45
Lokalklassifikation FBW:
oek 4450
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