Cournot competition in spatial markets: some complementary results on complementarity

Andreea Cosnita-Langlais

Cahiers de la Maison des Sciences Economiques from Université Panthéon-Sorbonne (Paris 1)

Abstract: We study location equilibria for Cournot oligopolies selling complementary goods. For a single-store triopoly, we prove that the circular market also yields partial diamentrical dispersion besides total agglomeration. We turn to multi-plant duopolies and in contrast to other contributions on the topic, we allow firms to sell more than one product. We confirm the intuition that total agglomeration of outlets is always an equilibrium, whatever the market shape. However, the circular case also exhibits intra-firm agglomeration and inter-firm equal distance dispersion. This is a pattern never before obtained, entirely due to the assumption of intra-firm product complementarity

Keywords: Complementary products; multi-store competition; spatial Cournot model (search for similar items in EconPapers)
JEL-codes: D43 L13 R32 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2005-10, Revised 2006-04
New Economics Papers: this item is included in nep-com, nep-geo, nep-ind, nep-mic and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://halshs.archives-ouvertes.fr/halshs-00196099 (application/pdf)

Related works:
Journal Article: Cournot competition in spatial markets: a complementary result on complementarity (2011)
Working Paper: Cournot competition in spatial markets: some complementary results on complementarity (2005)
Working Paper: Cournot competition in spatial markets: some complementary results on complementarity (2005)
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:mse:wpsorb:v05061

Access Statistics for this paper

More papers in Cahiers de la Maison des Sciences Economiques from Université Panthéon-Sorbonne (Paris 1) Contact information at EDIRC.
Bibliographic data for series maintained by Lucie Label ().