The Address Approach to Horizontal Product Differentiation: A Survey

Javier Elizalde ()

No 06/11, Faculty Working Papers from School of Economics and Business Administration, University of Navarra

Abstract: The problem of non-existence of perfect equilibrium in the original model of Harold Hotelling and the principle of minimum differentiation he suggested have been tackled on different grounds. This paper provides a survey on the address approach to horizontal product differentiation and the different ways that works after Hotelling solved the problem of non-existence of perfect equilibrium by changing some of the assumptions of the model.

Keywords: Oligopolistic Competition; Horizontal Product Differentiation; Hotelling (search for similar items in EconPapers)
JEL-codes: D43 L10 L13 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2011-02-16
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