The Address Approach to Horizontal Product Differentiation: A Survey
|
WPnull/11 The Address Approach to Horizontal Product Differentiation: A Survey
Download (352 Kb)
Authors
Abstract
The problem of non-existence of perfect equilibrium in the original model of Harold Hotelling and the principle of minimum differentiation he suggested have been tackled on different grounds. This paper provides a survey on the address approach to horizontal product differentiation and the different ways that works after Hotelling solved the problem of non-existence of perfect equilibrium by changing some of the assumptions of the model.
Classification JEL:D43, L10, L13
Keywords:Oligopolistic Competition, Horizontal Product Differentiation, Hotelling
Number of Pages:29
Creation Date:2011-02-16
Number:null/11
|
