[PDF] A Classroom Demonstration of the Hotelling Model - William & Mary PDF cwm

The theory of spatial location introduced by Hotelling (1929) can be used to explore a number of interesting economic questions 1 For example, why might there

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[PDF] 42Hotelling Model

Hotelling Model The model: 1 “Linear city” is the interval [0,1] 2 Consumers are distributed uniformely along this interval 3 There are 2 firms, located at each

[PDF] Industrial Organization 04 - Product differentiation - Telecom Paris

Models of horizontal differentiation: The Hotelling model (exogenous locations, endogenous locations) The Salop model (circular city, equilibrium with free entry )

[PDF] Product Differentiation - itscaltechedu

competitive outcome, even with two firms Models where differentiation is modeled as spatial location: 1 Linear (Hotelling) model 2 Circular (Salop) model

[PDF] SPATIAL HETEROGENEITY AND EQUILIBRIUM - TDX

The second model ”Hotelling's Revival” extends a well-known research of H Hotelling (1929) to the two-dimensional case with spatially heteroge- neous demand

[PDF] A Hotelling Style Model of Spatial Competition for Convenience

As D'Aspremont, Gabszewicz and Thisse (1979) showed, for many locational configurations of the firms in Hotelling's model there is no equilibrium in pure price