I introduce non-perfect substitutability between products into the spatial Bertrand model. I show that if goods are complements, the firms always agglomerate. If goods are substitutes, the firms agglomerate if the transportation costs are not too high.

Colombo, S., Differentiated Bertrand markets: restoring the Minimum Differentiation Principle, <<LETTERS IN SPATIAL AND RESOURCE SCIENCES>>, 2013; 6 (2): 103-108. [doi:10.1007/s12076-012-0090-3] [http://hdl.handle.net/10807/40084]

Differentiated Bertrand markets: restoring the Minimum Differentiation Principle

Colombo, Stefano
2013

Abstract

I introduce non-perfect substitutability between products into the spatial Bertrand model. I show that if goods are complements, the firms always agglomerate. If goods are substitutes, the firms agglomerate if the transportation costs are not too high.
2013
Inglese
Colombo, S., Differentiated Bertrand markets: restoring the Minimum Differentiation Principle, <<LETTERS IN SPATIAL AND RESOURCE SCIENCES>>, 2013; 6 (2): 103-108. [doi:10.1007/s12076-012-0090-3] [http://hdl.handle.net/10807/40084]
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10807/40084
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