Product differentiation and cartel stability : Chamberlin versus Hotelling

Auteur(s) et Affiliation(s)



Description :
The paper contrasts the implications, for cartel stability, of the non-spatial and spatial models of product differentiation. Using the special case of a linear demand framework, the A. shows that whereas the former approach suggests that cartel stability is non-monotonic but predictable in the degree of differentiation, the outcome is very much more ambiguous when the latter formulation is employed. He also examines the implications for stablility when demand shocks occur.


Type de document :
Article de périodique

Source :
The Annals of regional science, issn : 0570-1864, 1997, vol. 31, n°. 3, p. 259-271, Collation : Illustration, Références bibliographiques : 9 ref.

Date :
1997

Editeur :
Pays édition : Allemagne, Berlin, Springer