Impacts on optimum location of different pricing strategies, market structures and customer distributions over space

作者: M.L. Greenhut , Chao-Cheng Mai , George Norman

DOI: 10.1016/0166-0462(86)90029-3

关键词: Investment theoryAverage cost pricingPricing strategiesRational pricingEconomicsCollusionVariable pricingMicroeconomicsMonopolistic competitionConsumption-based capital asset pricing model

摘要: Abstract This paper considers the ways in which pricing policies will affect location choice both monopolistic and duopolistic markets. It is shown that monopolist's optimal depends crucially on shapes of demand delivery cost functions policy applied. The median unlikely to be chosen. With spatial competition, strategies also choice. There greater production concentration under f.o.b. or uniform delivered than discriminatory pricing. For certain consumer distributions, Hotelling-type expected whereas collusion lead some dispersion production.

参考文章(35)
Elon Kohlberg, William Novshek, Equilibrium in a simple price-location model Economics Letters. ,vol. 9, pp. 7- 15 ,(1982) , 10.1016/0165-1765(82)90090-8
Martin J. Beckmann, The economics of location ,(1954)
Kuo-shung Cheng, Chao-cheng Mai, GENERAL PRINCIPLE OF LOCATION BETWEEN THE MEDIAN AND THE MODE—A FURTHER NOTE Journal of Regional Science. ,vol. 22, pp. 251- 254 ,(1982) , 10.1111/J.1467-9787.1982.TB00749.X
B. Curtis Eaton, Richard G. Lipsey, The Principle of Minimum Differentiation Reconsidered: Some New Developments in the Theory of Spatial Competition The Review of Economic Studies. ,vol. 42, pp. 27- 49 ,(1975) , 10.2307/2296817
Harold Hotelling, Stability in Competition The Economic Journal. ,vol. 39, pp. 41- 57 ,(1929) , 10.1007/978-1-4613-8905-7_4
George Norman, Uniform Pricing as an Optimal Spatial Pricing Policy Economica. ,vol. 48, pp. 87- 91 ,(1981) , 10.2307/2552946
M. L. Greenhut, Spatial Pricing in the United States, West Germany and Japan Economica. ,vol. 48, pp. 79- 86 ,(1981) , 10.2307/2552945
C. d'Aspremont, J. Jaskold Gabszewicz, J.-F. Thisse, On hotelling's "Stability in competition" Econometrica. ,vol. 47, pp. 1145- 1150 ,(1979) , 10.2307/1911955
A. Smithies, Optimum Location in Spatial Competition Journal of Political Economy. ,vol. 49, pp. 423- 439 ,(1941) , 10.1086/255724