The equilibrium locations of three stores with different selections of differentiated products. (English) Zbl 1254.91170
Summary: The equilibrium locations of three stores may be completely centralized (in the absence of price competition) if different stores sell different varieties of a differentiated product or different combinations of varieties that are partially overlapping.
MSC:
| 91B24 | Microeconomic theory (price theory and economic markets) |
| 91B38 | Production theory, theory of the firm |
| 90B80 | Discrete location and assignment |
References:
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