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Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/181418
Modelos de competencia en localización
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[en] Harold Hotelling in 1929 poses the problem of locating two companies that compete over prices in a segment where consumers are evenly distributed. This model, expressed in modern terms, represents a two-stage non-cooperative game in a duopoly. The rationale for this model was to symbolize product differentiation by representing the game in a linear market.
In this paper we study the original Hotelling Stability of Competition model as well as the subsequent revision made by Aspremont, Gabszewicz and Thisse (1979) for the inconsistency of the transport cost function. We also analyze a modification of the model, the “pure”Hotelling game, where companies do not compete over prices, because prices are the same for both, but exclusively on locations. The extension to an arbitrary number
of companies is natural and the results well known.
We study the differences that occur in equilibrium by distinguishing between the uniform and non-uniform distribution of the population. In the latter case, significant differences appear with the previous results.
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Treballs Finals del Doble Grau d'Administració i Direcció d'Empreses i de Matemàtiques, Facultat d'Economia i Empresa i Facultat de Matemàtiques i Informàtica, Universitat de Barcelona, Curs: 2020-2021 , Tutor: Xavier Jarque i Ribera i F. Javier Martínez de Albéniz
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PÉREZ CHÁVEZ, José Antonio. Modelos de competencia en localización. [consulted: 7 of October of 2026]. Available at: https://hdl.handle.net/2445/181418