Sequential location games
| Title: | Sequential location games |
|---|---|
| Authors: | Simon Loertscher; Gerd Muehlheusser; Jel-code D |
| Contributors: | The Pennsylvania State University CiteSeerX Archives |
| Source: | http://simonloertscher.net/data/downloads/12120/DLG180611.pdf. |
| Publication Year: | 2011 |
| Collection: | CiteSeerX |
| Subject Terms: | Spatial competition; product differentiation; dynamic games; entry deterrence |
| Description: | We study location games where market entry is costly and occurs sequentially, and where consumers are non-uniformly distributed over the unit interval. We show that for certain classes of densities, including monotone and – under some additional restrictions – hump-shaped and U-shaped ones, the equilibrium locations can be determined independently of when they are occupied. Our analysis reveals a number of peculiarities of the uniform distribution. Extensions of the model allow for price competition and advertisement in media markets, winner-take-all competition, tradeoffs between profits in the short and the long run, and firms operating multiple outlets. |
| Document Type: | text |
| File Description: | application/pdf |
| Language: | English |
| Relation: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.659.5311; http://simonloertscher.net/data/downloads/12120/DLG180611.pdf |
| Availability: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.659.5311; http://simonloertscher.net/data/downloads/12120/DLG180611.pdf |
| Rights: | Metadata may be used without restrictions as long as the oai identifier remains attached to it. |
| Accession Number: | edsbas.4798D0B2 |
| Database: | BASE |