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Friedrich-Alexander-Universität Erlangen-Nürnberg (FAU) >
Institut für Wirtschaftspolitik und Quantitative Wirtschaftsforschung (IWQW), Universität Erlangen-Nürnberg >
IWQW Discussion Paper Series, FAU Erlangen-Nürnberg >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/29564
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Gu, Yiquan | | en_US |
| dc.contributor.author | | Wenzel, Tobias | | en_US |
| dc.date.accessioned | | 2009-11-09 | | en_US |
| dc.date.accessioned | | 2010-01-13T14:02:07Z | | - |
| dc.date.available | | 2010-01-13T14:02:07Z | | - |
| dc.date.issued | | 2009 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/29564 | | - |
| dc.description.abstract | | This 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.iso | | eng | | en_US |
| dc.publisher | | Univ., Inst. für Wirtschaftspolitik und Quantitative Wirtschaftsforschung Erlangen | | en_US |
| dc.relation.ispartofseries | | IWQW discussion paper series 03/2009 | | en_US |
| dc.subject.jel | | L11 | | en_US |
| dc.subject.jel | | L13 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Demand elasticity | | en_US |
| dc.subject.keyword | | Spatial models | | en_US |
| dc.subject.keyword | | Excess entry theorem | | en_US |
| dc.subject.stw | | Produktdifferenzierung | | en_US |
| dc.subject.stw | | Monopolistischer Wettbewerb | | en_US |
| dc.subject.stw | | Preiselastizität | | en_US |
| dc.subject.stw | | Fixkosten | | en_US |
| dc.subject.stw | | Hotelling Modell | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.title | | Product variety, price elasticity of demand and fixed cost in spatial models | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 61250283X | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | IWQW Discussion Paper Series, FAU Erlangen-Nürnberg
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