Optimal product variety in a Hotelling model

Kieron Meagher

Economics Letters, 2012, vol. 117, issue 1, 71-73

Abstract: Consider the Hotelling linear spatial duopoly with firm uncertainty over the consumer mean. As uncertainty about the mean grows relative to the dispersion of consumers, competitive locations become socially optimal. A limit result for discontinuous, log-concave densities is also established.

Keywords: Location; Product variety; Pricing; Price discrimination; Uncertainty (search for similar items in EconPapers)
JEL-codes: D43 D81 L10 L13 R30 R39 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (3)

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Working Paper: Optimal Product Variety in a Hotelling Model (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:117:y:2012:i:1:p:71-73

DOI: 10.1016/j.econlet.2012.04.075

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