Title of article
Equilibrium number of firms and economic welfare in a spatial price discrimination model
Author/Authors
Toshihiro Matsumura، نويسنده , , Makoto Okamura، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2006
Pages
6
From page
396
To page
401
Abstract
We examine welfare implications of the equilibrium number of entering firms in a spatial price discrimination model. In contrast to Salop [Salop, S., 1979. Monopolistic competition with outside goods. Bell Journal of Economics 10, 141–156.], the equilibrium number of firms can be either excessive or insufficient from the normative viewpoint.
Keywords
Circular-city model , Excess entry theorem , Anti-excess entry theorem , Delivered pricing
Journal title
Economics Letters
Serial Year
2006
Journal title
Economics Letters
Record number
435880
Link To Document