More on spatial oligopoly as a noncooperative game |
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Authors: | Dr. Y. Shilony |
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Affiliation: | 1. Department of Economics, University of California, Berkeley 2. The Hebrew University, Jerusalem, Israel
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Abstract: | This paper presents and solves another case of a problem posed byBeckmann [1973]. It considers a duopoly game of c.i.f. pricers selling to a population distributed on an interval. While Beckmann assumed equal transportation costs to sellers and consumers, we assume prohibitive ones to consumers. We also arrive at a mixed strategy solution, one that is somewhat more complicated. A brief extension ton-players oligopoly is carried out at the end. |
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