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Andreea Cosnita-Langlais |
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''Where to locate to escape predation?'' |
( 2014, Vol. 34 No.2 ) |
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We study the credibility of predation to deter entry in the linear Cournot shipping model of spatial competition with strategic location choice, both on the linear and circular markets. For a high enough discount factor, the monopoly is preserved, but the credibility of predatory conduct is lower on the circular than on the linear market. |
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Keywords: predatory conduct, spatial Cournot competition, strategic location choice |
JEL: D4 - Market Structure and Pricing: General R3 - Production Analysis and Firm Location: General |
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Manuscript Received : Feb 11 2013 | | Manuscript Accepted : Apr 01 2014 |
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