Price-sensitive demand and market entry

被引：4

作者：

Gu, Yiquan ^{[1
]}

Rasch, Alexander ^{[2
]}

Wenzel, Tobias ^{[2
,3
]}

机构：

[1] Univ Liverpool, Sch Management, Chatham St, Liverpool L69 7ZH, Merseyside, England

[2] Univ Dusseldorf, DICE, Univ Str 1, D-40225 Dusseldorf, Germany

[3] Univ Bath, Dept Econ, Bath BA2 7AY, Avon, England

来源：

PAPERS IN REGIONAL SCIENCE | 2016年 / 95卷 / 04期

关键词：

L11; L13; Circular city; horizontal product differentiation; market entry; price-sensitive demand; MONOPOLISTIC COMPETITION; ELASTIC DEMAND; HOTELLING MODEL; DISCRIMINATION; DIFFERENTIATION; STABILITY; WELFARE; THEOREM; COSTS;

D O I：

10.1111/pirs.12165

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper revisits the optimal entry decision in a differentiated product market where customer demand is price-sensitive and depends on a per-unit transport cost. We show that compared to the socially optimal outcome, too few firms may enter when entry costs and transport costs are high.

引用

页码：865 / +

页数：12

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