Spatial Cournot competition in a circular city with transport cost differentials

Barnali Gupta ()
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Barnali Gupta: Miami University, Ohio, U.S.A.

Economics Bulletin, 2004, vol. 4, issue 15, 1-6

Abstract: For an even number of firms with identical transport cost, spatial Cournot competition in a circular city generates a continuum of equilibria. We establish that any transport cost differential between the firms, however small, may eliminate all the equilibria, except the partial agglomeration equilibrium pattern characterized in Matsushima (2001).

Keywords: Agglomeration (search for similar items in EconPapers)
JEL-codes: D4 L1 (search for similar items in EconPapers)
Date: 2004-11-29
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Citations: View citations in EconPapers (5)

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