CIRJE-F-360 | "Spatial Competition in Variety and Number of Stores" |
Author Name | Peng, Shin-Kun and Takatoshi Tabuchi |
Date | August 2005 |
Full Paper | PDF file@ |
Remarks | Subsequently published in Journal of Economics and Management Strategy, vol. 16, pp. 227-250, 2007. |
Abstract |
We propose location-then-variety competition for a multi-product and multi-store oligopoly,
in which the number of firms, the number of stores and their location, and the number of
varieties are endogenously determined. We show that as compared to price-then-variety
competition, location-then-variety competition with multi-stores yields a much richer set of
equilibrium outcomes, such as market segmentation, interlacing, sandwich and enclosure. |