| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4311 |
| DP4311 International Vertical Specializations, Imperfect Competition and Welfare | |
| Jacques Olivier; Ai Ting Goh | |
| 发表日期 | 2004-03-23 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | We examine a linear city duopoly where firms choose their locations to maximize expected profits, uncertain about how consumers will assess the relative quality of their products. Equilibrium locations depend on the ratio of the expected quality superiority to the strength of horizontal differentiation. When it is small, firms locate at opposite endpoints. As it becomes larger, agglomeration around the centre also emerges as an equilibrium and, eventually, agglomeration becomes the only equilibrium. |
| 主题 | Industrial Organization |
| 关键词 | Location Product differentiation Quality uncertainty Linear city |
| URL | https://cepr.org/publications/dp4311 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533271 |
| 推荐引用方式 GB/T 7714 | Jacques Olivier,Ai Ting Goh. DP4311 International Vertical Specializations, Imperfect Competition and Welfare. 2004. |
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