Please use this identifier to cite or link to this item:
http://hdl.handle.net/10174/2291
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Title: | Location choice under delivered pricing: a reinterpretation |
Authors: | Pires, Cesaltina |
Keywords: | Location choice Delivered pricing |
Issue Date: | 2009 |
Publisher: | Springer |
Abstract: | This article reinterprets, under a common framework, previous results on location choice under delivered pricing. The paper clearly identifies the economic forces which explain why the socially optimal locations are an equilibrium of the location-price game in some models, and why they are not an equilibrium in other models. The paper shows that the rationale behind Hamilton et al. (Reg Sci Urban
Econ 19:87–102, 1989) and Gupta’s (Reg Sci Urban Econ 24:265–272, 1994) nonoptimality results are very different. While the first result is explained by the social
inefficiency of the price game, the second one is due to the existence of a strategic
effect. |
URI: | http://hdl.handle.net/10174/2291 |
Type: | article |
Appears in Collections: | CEFAGE - Publicações - Artigos em Revistas Internacionais Com Arbitragem Científica GES - Publicações - Artigos em Revistas Internacionais Com Arbitragem Científica
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