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Duopoly in Space

John Hartwick and Philip G. Hartwick
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Philip G. Hartwick: Trent University

No 29, Working Paper from Economics Department, Queen's University

Abstract: Hotelling's 1929 article concerning the behavior of duopolists in a spatial setting has had a lasting influence in economics and political science. With a simple model, he was able to elucide why "our cities become uneconomically large and business districts within them too concentrated"; and why "Methodist and Presbyterian churches are too much alike;cider is too homogenous." In this paper, we develop the constant non-zero elasticity of demand case which Hotelling referred to.

Pages: 43 pages
Date: 1970-08
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http://qed.econ.queensu.ca/working_papers/papers/qed_wp_29.pdf First version 1970 (application/pdf)

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