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Takeshi Ebina and Daisuke Shimizu
 
''A unidirectional Hotelling model revisited''
( 2012, Vol. 32 No.4 )
 
 
We consider a two-stage location-price Hotelling model where the consumers can only buy from one direction, as presented by Kharbach (2009, Economics Bulletin). We show that the equilibrium outcome derived by Kharbach does not constitute a subgame perfect Nash equilibrium.
 
 
Keywords: unidirectional, Hotelling, equilibrium, mill pricing, location
JEL: L0 - Industrial Organization: General
R3 - Production Analysis and Firm Location: General
 
Description of Appendix:

Figure 1
EB-12-00200-Appendix.pdf
 
 
Manuscript Received : Mar 05 2012 Manuscript Accepted : Oct 16 2012

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