Location as an instrument for social welfare improvement in a spatial model of cournot competition
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| Format: | Artículo científico |
| Sprache: | en |
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Fundación SEPI
2006
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| _version_ | 1876485247750635520 |
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| author | Raquel Arévalo-Tomé |
| author_facet | Raquel Arévalo-Tomé |
| contents | Location as an instrument for social welfare improvement in a spatial model of cournot competition Raquel Arévalo-Tomé José María Chamorro-Rivas Economía y Finanzas Cournot welfare Spatial competition Two-stage models are the main frameworks in the analysis of oligopolisticcompetition. Literature has discussed some properties of such models whenCournot competition occurs in the second stage and assuming a non-spatialcontext. It finds that private and social optima are asymmetric. Using spatialbehavior with multiple marketplaces, the outcome is different. A social plannercan use the location variable as an instrument for reallocating productionfrom the equilibrium spatial pattern to the optimal outcome while maintainingthe symmetry of the model. 2006 artículo científico 0210-1521 https://www.redalyc.org/articulo.oa?id=17330105 en http://www.redalyc.org/revista.oa?id=173 Investigaciones Económicas application/pdf Fundación SEPI Investigaciones Económicas (España) Num.1 Vol.XXX |
| format | Artículo científico |
| id | redalyc_17330105 |
| institution | Redalyc |
| language | en |
| publishDate | 2006 |
| publisher | Fundación SEPI |
| spellingShingle | Location as an instrument for social welfare improvement in a spatial model of cournot competition Raquel Arévalo-Tomé Economía y Finanzas Cournot welfare Spatial competition Location as an instrument for social welfare improvement in a spatial model of cournot competition Raquel Arévalo-Tomé José María Chamorro-Rivas Economía y Finanzas Cournot welfare Spatial competition Two-stage models are the main frameworks in the analysis of oligopolisticcompetition. Literature has discussed some properties of such models whenCournot competition occurs in the second stage and assuming a non-spatialcontext. It finds that private and social optima are asymmetric. Using spatialbehavior with multiple marketplaces, the outcome is different. A social plannercan use the location variable as an instrument for reallocating productionfrom the equilibrium spatial pattern to the optimal outcome while maintainingthe symmetry of the model. 2006 artículo científico 0210-1521 https://www.redalyc.org/articulo.oa?id=17330105 en http://www.redalyc.org/revista.oa?id=173 Investigaciones Económicas application/pdf Fundación SEPI Investigaciones Económicas (España) Num.1 Vol.XXX |
| title | Location as an instrument for social welfare improvement in a spatial model of cournot competition |
| topic | Economía y Finanzas Cournot welfare Spatial competition |
| url | https://www.redalyc.org/articulo.oa?id=17330105 |