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  • 标题:A unidirectional Hotelling model revisited
  • 本地全文:下载
  • 作者:Takeshi Ebina ; Daisuke Shimizu
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2012
  • 卷号:32
  • 期号:4
  • 页码:2870-2875
  • 出版社:Economics Bulletin
  • 摘要:We consider a two-stage location-price Hotelling model where the consumers can only buy from one direction, as presented by Kharbach (2009, Economics Bulletin). We show that the equilibrium outcome derived by Kharbach does not constitute a subgame perfect Nash equilibrium.
  • 关键词:unidirectional; Hotelling; equilibrium; mill pricing; location
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