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| Barnali Gupta |
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| ''Spatial Cournot competition in a circular city with transport cost differentials'' |
| ( 2004, Vol. 4 No.15 ) |
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| 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). |
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| Keywords: Agglomeration |
JEL: D4 - Market Structure and Pricing: General
L1 - Market Structure, Firm Strategy, and Market Performance: General |
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| Manuscript Received : Nov 14 2004 | | Manuscript Accepted : Nov 29 2004 |
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