Spatial competition of firms in a two-dimensional bounded market
Article Abstract:
A two-dimensional bounded market is the specification for this spational competition model of companies selling a homogeneous product. The model assumes an identical mill price for the goods for all firms. Two-dimensional spatial markets are said to be underrepresented in the literature. The analysis for two firms concludes that only if a market is point-wise symmetric to some point can an equilibrium exist. In two-dimensional markets the degenerated symmetry of one-dimensional markets disappears.
Publication Name: Regional Science & Urban Economics
Subject: Social sciences
ISSN: 0166-0462
Year: 1993
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Urban freshwater needs and spatial cost externalities for coastal aquifers: a theoretical approach
Article Abstract:
Spatial model is used to study the quality degradation of aquifers in coastal regions and optimal management of water resources.
Publication Name: Regional Science & Urban Economics
Subject: Social sciences
ISSN: 0166-0462
Year: 2006
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