Consistent conjectural variations in a two-dimensional spatial market
作者： Klaus Schöler
DOI: 10.1016/0166-0462(93)90021-6
关键词: Price variation 、 Basis (linear algebra) 、 Conjectural variation 、 Econometrics 、 Economics 、 Variation (linguistics) 、 Competition (economics) 、 Microeconomics 、 Market area 、 Hexagonal crystal system
摘要: Abstract In this paper we calculate the consistent conjectural price variation on basis of spatial competition models for alternative market shapes. It can be shown that these coefficients depend geographic size as well shape area. The use reveals two important results. On one hand, show Hotelling/Smithies allows a sufficient approximation to results, and other hand demonstrate hexagonal areas create highest welfare effects under solutions.
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