Cournot competition and spatial agglomeration revisited

Authors
Matsushima, N
Citation
N. Matsushima, Cournot competition and spatial agglomeration revisited, ECON LETT, 73(2), 2001, pp. 175-177
Citations number
5
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
73
Issue
2
Year of publication
2001
Pages
175 - 177
Database
ISI
SICI code
0165-1765(200111)73:2<175:CCASAR>2.0.ZU;2-9
Abstract
In a letter previously published in this journal, Pal [Economics Letters 60 (1998) 49] show that firms locate equidistant from each other in a circular city. However, we show that the following location pattern is also an equi librium outcome: firms agglomerate at two points in a circular city. (C) 20 01 Elsevier Science BY. All rights reserved.