This manual offers an accessible introduction to spatial competition models in economics. It shows students how to understand and apply spatial models in analyzing market design, structure, competition, and pricing.
The aim of the book is to provide a comprehensive guide to learning and implementing spatial modeling. It includes a brief history of the spatial approach and a standalone introductory chapter on the fundamental game theory tools required for spatial analysis.
Next, it explains in depth the main traditions and models, including the Hotelling model and the related Salop circle model, highlighting their various applications in the interactions among consumers, firms, and markets. Topics covered include: product differentiation, physical location of firms, spatial discriminatory pricing, oligopoly competition, non-uniform consumer distributions, political competition, the basic Downs model, and the application of spatial models in marketing and management.
This book will be a valuable resource for undergraduate students of microeconomics and applied economics, especially in industrial organization courses.
Manufacturer
- Publisher
- Palgrave
- Type
- Humanities, Folklore
- Language
- English
- Subtitle
- -
- Cover
- Soft
- Number of Pages
- 160
- Release Date
- 8/2025
- Publication Date
- 2025
- Dimensions
- -
- ISBN-13
- 9783031827860
Important information
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