LOCATION, PRICE, AND WELFARE IN THE OLIGOPOLY WITH ONE ONLINE FIRM
Wen-Jung Liang, Yi-Jie Wang
Pagini: 148-160
Publicat: 5 Oct 2019
Vizualizări: 1,918
Descărcări: 192
Rezumat: We utilize a barbell model, in which both the physical firms’ costs and markets are asymmetric, to examine the effects of increasing the number of firms by introducing one online firm into the markets on physical firms’ location choices, outputs, price, and welfare under Cournot competition. We show that introducing one online firm may induce the two physical firms to switch their optimal locations from agglomeration at the urban market to separate at different markets, may decline the total sales and raise the price level in the urban market, and may worsen the welfare level.
Cuvinte cheie: online firm, location choices, market asymmetry, cournot competition
Citează acest articol: Wen-Jung Liang, Yi-Jie Wang. LOCATION, PRICE, AND WELFARE IN THE OLIGOPOLY WITH ONE ONLINE FIRM. Journal of International Scientific Publications: Economy & Business 13, 148-160 (2019). https://www.scientific-publications.net/en/article/1001918/
Înapoi la cuprinsul volumului
© 2026 The Author(s). This is an open access article distributed under the terms of the
Creative Commons Attribution License https://creativecommons.org/licenses/by/4.0/, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. This permission does not cover any third party copyrighted material which may appear in the work requested.
Disclaimer: The Publisher and/or the editor(s) are not responsible for the statements, opinions, and data contained in any published works. These are solely the views of the individual author(s) and contributor(s). The Publisher and/or the editor(s) disclaim any liability for injury to individuals or property arising from the ideas, methods, instructions, or products mentioned in the content.
