Markups and Entry in a Circular Hotelling Model
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https://www.nber.org/papers/w32660
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资源简介:
The circular version of Hotellings locational model is extended by incorporating a continuum of consumers with constant-elasticity demand functions along with stores that have constant marginal costs of production. The stores are evenly spaced in equilibrium. The model implies that the markup of
提供机构:
美国国家经济研究局
创建时间:
2024-07-01



