Hamilton et al. (1989) claim that under certain conditions Cournot spatial discrimination always yields agglomeration of firms. However, I provide a counter-example that shows that this claim is not correct.
Colombo, S., A comment on the locations of firms in Cournot spatial discriminationmodels, <<LETTERS IN SPATIAL AND RESOURCE SCIENCES>>, 2014; 8 (2): 119-124. [doi:10.1007/s12076-014-0117-z] [http://hdl.handle.net/10807/61788]
A comment on the locations of firms in Cournot spatial discrimination models
Colombo, Stefano
2015
Abstract
Hamilton et al. (1989) claim that under certain conditions Cournot spatial discrimination always yields agglomeration of firms. However, I provide a counter-example that shows that this claim is not correct.
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