Emiliano Catonini (ICEF - HSE Moscow)

A simple solution to the Hotelling problem

For any information please contact P. Zuazo

Abstract

I show that in the original two-stage Hotelling model with linear transportation cost, the transportation-efficient locations pair (1/4, 3/4) is the only symmetric locations pair that is induced by a self-enforcing agreement between the two firms.

Paper

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