Competition by choice: the effect of consumer search on firm location decisions.

Firms that cluster attract consumers by facilitating price comparison, but clustering also increases the intensity of local competition. A location-search game where firms produce at the same constant marginal cost and consumers have identical demand functions was developed to study the tension bet...

Full description

Bibliographic Details

Published in:	American Economic Review Vol. 80; pp. 1092 - 1105
Main Author:	Dudey, Marc
Format:	Article
Published:	American Economic Association December 1990
Subjects:	Mathematical models Industrial location Consumption (Economics) Search theory Mathematical models of economic competition Economics
Online Access:	View this record in EBSCOhost