All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC

Barnali Gupta
''Spatial Cournot competition in a circular city with transport cost differentials''
( 2004, Vol. 4 No.15 )
For an even number of firms with identical transport cost, spatial Cournot competition in a circular city generates a continuum of equilibria. We establish that any transport cost differential between the firms, however small, may eliminate all the equilibria, except the partial agglomeration equilibrium pattern characterized in Matsushima (2001).
Keywords: Agglomeration
JEL: D4 - Market Structure and Pricing: General
L1 - Market Structure, Firm Strategy, and Market Performance: General
Manuscript Received : Nov 14 2004 Manuscript Accepted : Nov 29 2004

  This abstract has been downloaded 1970 times                The Full PDF of this paper has been downloaded 156011 times