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(Article of periodic en Anglais - 2014)

Document title

The socially optimal and equilibrium locations of two stores or libraries with consumer search

Authors(s) and Affiliation(s)

BRAID R.M. ;

  • DepT. of Economics, Wayne State Univ., Detroit, ETATS-UNIS

Abstract

This paper examines the socially optimal (and also equilibrium) locations of two stores or libraries on a linear market of unit length. If each consumer has probability of finding a desired product at each store, then the socially optimal locations are never completely centralized for full information, but are completely centralized for when costly visit search is necessary. The Nash equilibrium locations of two stores, and various alternative models for the socially optimal locations of two stores, are also examined

Source

Article of periodic

published at : The Annals of regional science / ISSN 0570-1864

Editor : Springer, Berlin - ALLEMAGNE (1967)

Millesime : 2014, vol. 53, no1 [pp. 123-136]

Bibliographic references : 38 ref.

Collation : fig., tabl., cartes

Language

Anglais

Digital Object Identifier

Go to electronic document thanks to its DOI : doi:10.1007/s00168-014-0620-6

Tous droits réservés © Prodig - Bibliographie Géographique Internationale (BGI), 2014
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