The Importance of the Distribution of Consumers in Horizontal Product Differentiation

Antoni Calvó‐Armengol and Yves Zenou
Authors registered in the RePEc Author Service: Antoni Calvó-Armengol

Journal of Regional Science, 2002, vol. 42, issue 4, 793-803

Abstract: This paper examines the importance of the distribution of consumers in Hotelling’s circle on the comparison between the optimal and the market equilibrium levels of diversity. It finds that when most consumers are located very close to the firms, the result of Salop—that the equilibrium number of firms is larger than the optimal one (surplus maximizing)—can be reversed.

Date: 2002
References: Add references at CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
https://doi.org/10.1111/1467-9787.00282

Related works:
Working Paper: The Importance of the Distribution of Consumers in Horizontal Product Differentiation (2001)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:jregsc:v:42:y:2002:i:4:p:793-803

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0022-4146

Access Statistics for this article

Journal of Regional Science is currently edited by Marlon G. Boarnet, Matthew Kahn and Mark D. Partridge

More articles in Journal of Regional Science from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().