Spatial competition with concave transport costs

M. A. De Frutos; H. Hamoudi; X. Jarque

doi:10.1016/S0166-0462(01)00094-1

Spatial competition with concave transport costs

M. A. De Frutos, H. Hamoudi, X. Jarque

Department of Economics and Economic History

Research output: Contribution to journal › Article › Research › peer-review

16 Citations (Scopus)

Abstract

We study the location-then-price game played by two firms in a circular market when consumers face non-linear transport costs. We show that for any convex transport cost function there exists a concave one such that the location-then-price games induced by these functions are strategically equivalent. Further, we provide a sufficient condition to guarantee that a similar equivalence result holds under oligopolistic competition among equidistant firms. © 2002 Elsevier Science B.V. All rights reserved.

Original language	English
Pages (from-to)	531-540
Journal	Regional Science and Urban Economics
Volume	32
Issue number	4
DOIs	https://doi.org/10.1016/S0166-0462(01)00094-1
Publication status	Published - 29 Jun 2002

Keywords

Equilibria
Oligopoly
Spatial competition

Access to Document

10.1016/S0166-0462(01)00094-1

Fingerprint Dive into the research topics of 'Spatial competition with concave transport costs'. Together they form a unique fingerprint.

Cite this

@article{5a060cd333fd452da24e3c0bf6f12b49,

title = "Spatial competition with concave transport costs",

abstract = "We study the location-then-price game played by two firms in a circular market when consumers face non-linear transport costs. We show that for any convex transport cost function there exists a concave one such that the location-then-price games induced by these functions are strategically equivalent. Further, we provide a sufficient condition to guarantee that a similar equivalence result holds under oligopolistic competition among equidistant firms. {\textcopyright} 2002 Elsevier Science B.V. All rights reserved.",

keywords = "Equilibria, Oligopoly, Spatial competition",

author = "{De Frutos}, {M. A.} and H. Hamoudi and X. Jarque",

year = "2002",

month = jun,

day = "29",

doi = "10.1016/S0166-0462(01)00094-1",

language = "English",

volume = "32",

pages = "531--540",

journal = "Regional Science and Urban Economics",

issn = "0166-0462",

number = "4",

}

TY - JOUR

T1 - Spatial competition with concave transport costs

AU - De Frutos, M. A.

AU - Hamoudi, H.

AU - Jarque, X.

PY - 2002/6/29

Y1 - 2002/6/29

N2 - We study the location-then-price game played by two firms in a circular market when consumers face non-linear transport costs. We show that for any convex transport cost function there exists a concave one such that the location-then-price games induced by these functions are strategically equivalent. Further, we provide a sufficient condition to guarantee that a similar equivalence result holds under oligopolistic competition among equidistant firms. © 2002 Elsevier Science B.V. All rights reserved.

AB - We study the location-then-price game played by two firms in a circular market when consumers face non-linear transport costs. We show that for any convex transport cost function there exists a concave one such that the location-then-price games induced by these functions are strategically equivalent. Further, we provide a sufficient condition to guarantee that a similar equivalence result holds under oligopolistic competition among equidistant firms. © 2002 Elsevier Science B.V. All rights reserved.

KW - Equilibria

KW - Oligopoly

KW - Spatial competition

U2 - 10.1016/S0166-0462(01)00094-1

DO - 10.1016/S0166-0462(01)00094-1

M3 - Article

VL - 32

SP - 531

EP - 540

JO - Regional Science and Urban Economics

JF - Regional Science and Urban Economics

SN - 0166-0462

IS - 4

ER -