Uncertain spatial demand and price flexibility: A state space approach to duopoly

作者：Meagher Kieron J^*; Zauner Klaus G

来源：Economics Letters, 2011, 113(1): 26-28.

DOI：10.1016/j.econlet.2011.06.003

• Location
• Product differentiation
• Uncertainty
• Hotelling

Sufficient conditions for a unique price equilibrium, in terms of the uncertainty distribution and the state contingent consumer distributions, are given for spatial duopoly. Also considered are efficiency and endogenous locations for the symmetric case and comparative statics on price flexibility.

• 出版日期2011-10