Optimal product variety in a Hotelling model

Kieron J. Meagher*

*Corresponding author for this work

    Research output: Contribution to journalArticlepeer-review

    5 Citations (Scopus)

    Abstract

    Consider the Hotelling linear spatial duopoly with firm uncertainty over the consumer mean. As uncertainty about the mean grows relative to the dispersion of consumers, competitive locations become socially optimal. A limit result for discontinuous, log-concave densities is also established.

    Original languageEnglish
    Pages (from-to)71-73
    Number of pages3
    JournalEconomics Letters
    Volume117
    Issue number1
    DOIs
    Publication statusPublished - Oct 2012

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