Uncertain spatial demand and price flexibility: A state space approach to duopoly

Kieron J. Meagher; Klaus G. Zauner

doi:10.1016/j.econlet.2011.06.003

Uncertain spatial demand and price flexibility: A state space approach to duopoly

Kieron J. Meagher^*, Klaus G. Zauner

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

2 Citations (Scopus)

Abstract

Sufficient conditions for a unique price equilibrium, in terms of the uncertainty distribution and the state contingent consumer distributions, are given for spatial duopoly. Also considered are efficiency and endogenous locations for the symmetric case and comparative statics on price flexibility.

Original language	English
Pages (from-to)	26-28
Number of pages	3
Journal	Economics Letters
Volume	113
Issue number	1
DOIs	https://doi.org/10.1016/j.econlet.2011.06.003
Publication status	Published - Oct 2011

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title = "Uncertain spatial demand and price flexibility: A state space approach to duopoly",

abstract = "Sufficient conditions for a unique price equilibrium, in terms of the uncertainty distribution and the state contingent consumer distributions, are given for spatial duopoly. Also considered are efficiency and endogenous locations for the symmetric case and comparative statics on price flexibility.",

keywords = "Hotelling, Location, Product differentiation, Uncertainty",

author = "Meagher, {Kieron J.} and Zauner, {Klaus G.}",

year = "2011",

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AU - Zauner, Klaus G.

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KW - Hotelling

KW - Location

KW - Product differentiation

KW - Uncertainty

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DO - 10.1016/j.econlet.2011.06.003

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JO - Economics Letters

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Uncertain spatial demand and price flexibility: A state space approach to duopoly

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