Abstract
In this chapter, the assumptions are set for analyzing the formation mechanism of a monopoly retailer’s market in a linear space.
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- 1.
The concept of the conjectural price variation is clearly introduced into spatial competition by Capozza-Van Order (1978). The works of Hotelling (1929), Lerner and Singer (1937), Smithies (1941), Greenhut and Ohta (1973), and Schöler (1993) contribute to the understanding of this concept. By introducing this concept into consideration, the analysis of the firms’ location and the market area in spatial free-entry competitive equilibria has been greatly developed (Ishikawa and Toda 1995).
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© 2016 Springer Science+Business Media Singapore
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Ishikawa, T. (2016). Market Areas of Retailers in Linear Space. In: Dynamic Locational Phases of Economic Activity in the Globalized World. Springer, Singapore. https://doi.org/10.1007/978-981-10-0524-4_1
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DOI: https://doi.org/10.1007/978-981-10-0524-4_1
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Publisher Name: Springer, Singapore
Print ISBN: 978-981-10-0523-7
Online ISBN: 978-981-10-0524-4
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