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  • 标题:Equilibria for circular spatial Cournot markets
  • 本地全文:下载
  • 作者:Daisuke Shimizu ; Toshihiro Matsumura
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2003
  • 卷号:18
  • 出版社:Economics Bulletin
  • 摘要:This paper investigates a location-quantity model in a circular city. Pal (1998) investigates a duopoly model and finds that an equidistant location pattern appears in equilibrium. Matsushima (2001a) investigates an n-firm oligopoly model and shows that, if the number of firms is even, another equilibrium exists where half of the firms agglomerate at one point and the other firms agglomerate at the opposite point. We find that there exist many other equilibrium patterns that include the above two patterns as special cases.
  • 关键词:circular city
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