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Addendum to Eleftheriou and Michelacakis (2016)

Author

Listed:
  • Eleftheriou, Konstantinos
  • Michelacakis, Nickolas J.
  • Papavassiliou, Vassilios G.

Abstract

Following the publication of Eleftheriou and Michelacakis (2016a), it was brought to our attention that the problem identified and corrected in Eleftheriou and Michelacakis (2016a) affects more papers than just the Beladi et al. (2008). Two such instances of published papers that we know of are the Beladi et al. (2010a) and Beladi et al. (2010b). The aim of this short addendum is to warn the reader against the validity of the results in these two papers and perhaps others using the same basic duopoly model as in Beladi et al. (2008). We look into the origins of the fallacy and make an announcement of corrected versions of some of the affected conclusions referring elsewhere for precise details.

Suggested Citation

  • Eleftheriou, Konstantinos & Michelacakis, Nickolas J. & Papavassiliou, Vassilios G., 2016. "Addendum to Eleftheriou and Michelacakis (2016)," Economics Letters, Elsevier, vol. 148(C), pages 53-54.
    • Handle: RePEc:eee:ecolet:v:148:y:2016:i:c:p:53-54
    DOI: 10.1016/j.econlet.2016.09.011
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    1. Beladi, Hamid & Chakrabarti, Avik & Marjit, Sugata, 2010. "Sequential spatial competition in vertically related industries with different product varieties," Economics Letters, Elsevier, vol. 106(2), pages 112-114, February.
    2. Eleftheriou, Konstantinos & Michelacakis, Nickolas, 2016. "A Comment on "Sequential Spatial Competition in Vertically Related Industries with Different Product Varieties"," MPRA Paper 73485, University Library of Munich, Germany.
    3. Beladi, Hamid & Chakrabarti, Avik & Marjit, Sugata, 2010. "Cross-border merger, vertical structure, and spatial competition," Economics Letters, Elsevier, vol. 109(2), pages 112-114, November.
    4. Braid, Ralph M., 2008. "Spatial price discrimination and the locations of firms with different product selections or product varieties," Economics Letters, Elsevier, vol. 98(3), pages 342-347, March.
    5. Eleftheriou, Konstantinos & Michelacakis, Nickolas J., 2016. "A comment on ‘Vertical mergers and downstream spatial competition with different product varieties’," Economics Letters, Elsevier, vol. 143(C), pages 84-86.
    6. Beladi, Hamid & Chakrabarti, Avik & Marjit, Sugata, 2008. "Vertical mergers and downstream spatial competition with different product varieties," Economics Letters, Elsevier, vol. 101(3), pages 262-264, December.
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    Cited by:

    1. Eleftheriou, Konstantinos & Michelacakis, Nickolas, 2017. "Spatial Price Discrimination and Privatization on Vertically Related Markets," MPRA Paper 76964, University Library of Munich, Germany.

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    More about this item

    Keywords

    Price-discrimination; Spatial-competition; Firm-location; Cross-border merger;
    All these keywords.

    JEL classification:

    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L42 - Industrial Organization - - Antitrust Issues and Policies - - - Vertical Restraints; Resale Price Maintenance; Quantity Discounts
    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • R32 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Other Spatial Production and Pricing Analysis
    • F10 - International Economics - - Trade - - - General
    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation

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