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Good and Bad Competition in Spatial Markets for Search Goods: the Case of Linear Utility Functions

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  • Norbert Schulz
  • Konrad Stahl

Abstract

This paper compares the decisions of s single product oligopolists and of a multiproduct monopolist with respect to pricing, product choice, location and entry, within a 3 stage game on the part of the oligopolists. It turns out that from the consumer's point of view a monopolistic versus competitive market structure may be good or bad depending on their choosiness.

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  • Norbert Schulz & Konrad Stahl, 1989. "Good and Bad Competition in Spatial Markets for Search Goods: the Case of Linear Utility Functions," Annals of Economics and Statistics, GENES, issue 15-16, pages 113-136.
    • Handle: RePEc:adr:anecst:y:1989:i:15-16:p:113-136
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    File URL: http://www.jstor.org/stable/20075753
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    Cited by:

    1. Gehrig, Thomas, 1998. "Competing markets," European Economic Review, Elsevier, vol. 42(2), pages 277-310, February.
    2. Norbert Schulz, 1992. "Special offers and clustering under symmetric monopoly," Journal of Economics, Springer, vol. 56(3), pages 311-334, October.

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