search query: @indexterm Spatial economics / total: 62
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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. |
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