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dc.contributor.authorGu, Yiquanen_US
dc.contributor.authorWenzel, Tobiasen_US
dc.date.accessioned2009-11-09en_US
dc.date.accessioned2010-01-13T14:02:07Z-
dc.date.available2010-01-13T14:02:07Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/29564-
dc.description.abstractThis paper explores the implications of price-dependent demand in spatial models of product differentiation. We introduce consumers with a quasi-linear utility function in the framework of the Salop (1979) model. We show that the so-called excess entry theorem relies critically on the assumption of completely inelastic demand. Our model is able to produce excessive, insufficient, or optimal product variety. A proof for the existence and uniqueness of symmetric equilibrium when price elasticity of demand is increasing in price is also provided.en_US
dc.language.isoengen_US
dc.publisherUniv., Inst. für Wirtschaftspolitik und Quantitative Wirtschaftsforschung Erlangenen_US
dc.relation.ispartofseriesIWQW discussion paper series 03/2009en_US
dc.subject.jelL11en_US
dc.subject.jelL13en_US
dc.subject.ddc330en_US
dc.subject.keywordDemand elasticityen_US
dc.subject.keywordSpatial modelsen_US
dc.subject.keywordExcess entry theoremen_US
dc.subject.stwProduktdifferenzierungen_US
dc.subject.stwMonopolistischer Wettbewerben_US
dc.subject.stwPreiselastizitäten_US
dc.subject.stwFixkostenen_US
dc.subject.stwHotelling Modellen_US
dc.subject.stwTheorieen_US
dc.titleProduct variety, price elasticity of demand and fixed cost in spatial modelsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn61250283Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:iwqwdp:032009-
Appears in Collections:IWQW Discussion Paper Series, FAU Erlangen-Nürnberg

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