Locating Outside a Linear City Can Benefit Consumers
Locating Outside a Linear City Can Benefit Consumers
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DOI：
10.1111/j.1467-9787.2011.00735.x
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发表时间：
2012-08
期刊：
影响因子：
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通讯作者：
Toshihiro Matsumura;Noriaki Matsushima
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文献类型：
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作者：
Toshihiro Matsumura;Noriaki Matsushima
本文研究了在Hotelling双寡头模型中限制企业的地理位置的影响。在标准的区位价格模型中，从消费者福利的角度来看，企业之间的均衡距离太大。因此，限制公司的地点和缩短公司之间的距离，通过降低价格和运输成本，改善消费者的福利。我们将战略报酬契约引入区位价格模型，发现与上述结果相反，对企业区位的限制降低了消费者福利。这些限制降低了运输成本，但由于改变了公司的战略承诺而提高了价格。
We investigate the effects of restricting the locations of firms in Hotelling duopoly models. In standard location‐price models, the equilibrium distance between firms is too great from the viewpoint of consumer welfare. Thus, restricting the locations of firms and shortening the distance between them improves consumer welfare by reducing prices and transport costs. We introduce strategic reward contracts into location‐price models and find that, in contrast to the above result, restrictions on the locations of firms reduce consumer welfare. These restrictions reduce transport costs but increase prices by changing the strategic commitments of the firms.