Konrad, Kai A.
(2000):
Spatial contests.
In: International Journal of Industrial Organization, Bd. 18, Nr. 6: S. 965-974
Externer Volltext: http://www.sciencedirect.com/science/article/pii/S0167718798000538
Abstract
Competition in some markets is a contest. Sellers compete for contracts by making promotional efforts. As in an all-pay auction, effort cannot be recovered even if the seller is not awarded the contract. The equilibrium location choices of sellers in a spatial model if firms compete for customers in an all-pay auction are the same as in the standard spatial price discrimination model. However, in contrast to spatial price discrimination, these location choices are inefficient if sellers' competition for customers is a contest.
| Dokumententyp: | Zeitschriftenartikel |
|---|---|
| Publikationsform: | Publisher's Version |
| Fakultät: | Volkswirtschaft > Lehrstühle > MPI für Steuerrecht und Öffentliche Finanzen |
| Themengebiete: | 300 Sozialwissenschaften > 330 Wirtschaft |
| JEL Classification: | D44, L11, L13 |
| ISSN: | 0167-7187 |
| Sprache: | Englisch |
| Dokumenten ID: | 22127 |
| Datum der Veröffentlichung auf Open Access LMU: | 09. Dez. 2014 11:16 |
| Letzte Änderungen: | 04. Nov. 2020 13:02 |
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