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Competition in Spatial Location Models

By H.M. Webers


Abstract: Models of spatial competition are designed and analyzed to describe the fact that space, by its very nature, is a source of market power. This field of research, lying at the interface of game theory and economics, has attracted much interest because location problems are related to many aspects of competition in modern economics. In this monograph we are concerned with both price and non-price competition. The analysis of price competition provides insights into the functioning of differentiated goods markets, whereas the analysis of non-price competition provides insights into the degree of horizontal differentiation that arises when taking into account the consequent effect on price competition.

Publisher: CentER for Economic Research
Year: 1996
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