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Good and Bad Competition in Spatial Markets for Search Goods: the Case of Linear Utility Functions

Norbert Schulz and Konrad Stahl

Annals of Economics and Statistics, 1989, issue 15-16, 113-136

Abstract: This paper compares the decisions of s single product oligopolists and of a multiproduct monopolist with respect to pricing, product choice, location and entry, within a 3 stage game on the part of the oligopolists. It turns out that from the consumer's point of view a monopolistic versus competitive market structure may be good or bad depending on their choosiness.

Date: 1989
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