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Author:Pal, D.
Sarkar, J.
Title:Spatial competition among multi-store firms
Journal:International Journal of Industrial Organization
2002 : FEB, VOL. 20:2, p. 163-190
Index terms:COMPETITION
OLIGOPOLY
RETAIL LOCATION
RETAILING
SPATIAL ECONOMICS
Language:eng
Abstract:The paper analyzes spatial Cournot competition among multi-store firms. It demonstrates that the complex problem of determining equilibrium store locations for competing multi-store firms can be approxiamated by a simple one, in which each firm behaves as a multi-store monopolist in choosing its store locations. A firm's equilibrium store locations often coincide with its monopoly locations, and in general, converge to its monopoly locations as the demand grows larger.
SCIMA record nr: 229000
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