Publication detail

Duopolistic Competition On a Plane

Author(s): Davit Maskharashvili M.A.,
Type: IES Working Papers
Year: 2019
Number: 1
ISSN / ISBN:
Published in: IES Working Papers 1/2019
Publishing place: Prague
Keywords: spatial competition, two-dimensional city
JEL codes: C72, D43, L13, R32
Suggested Citation: Maskharashvili D. (2019): “Duopolistic Competition On a Plane” IES Working Papers 1/2019. IES FSV. Charles University.
Abstract: The paper models duopolistic competition in so called monotowns: towns with one big factory where most of the citizens are employed. Workers after job go to one of the competitor shops, buy the product and bring it home. Nash equilibrium is found for linear and two-dimensional cases. The principle of maximum differentiation is refuted.
Downloadable: wp_2019_01_maskharashvili

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