Instability in competition : hotelling re-reconsidered
In this paper we show that Puu (2002) does not provide a stable solution to the location game, according to his own definition of stability. If the usual two-stage game is considered, where in the first stage a location is chosen once and forever, and in the second stage prices are determined, the e...
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| Format: | Others |
| Language: | English |
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Universität Potsdam
2005
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| Online Access: | http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-14299 http://opus.kobv.de/ubp/volltexte/2007/1429/ |