Gu, Y., Rasch, A. and Wenzel, T. (2016) Price-sensitive demand and market entry. Papers in Regional Science, 95 (4). pp. 865-875. ISSN 1056-8190
Abstract
Papers in Regional Science © 2015 RSAI This paper revisits the optimal entry decision in a differentiated product market where customer demand is price-sensitive and depends on a per-unit transport cost. We show that compared to the socially optimal outcome, too few firms may enter when entry costs and transport costs are high.
Metadata
| Item Type: | Article |
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| Authors/Creators: |
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| Copyright, Publisher and Additional Information: | This is the peer reviewed version of the following article: Gu, Y., Rasch, A., and Wenzel, T. (2016) Price‐sensitive demand and market entry. Papers in Regional Science, 95: 865–875, which has been published in final form at https://doi.org/10.1111/pirs.12165. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving. |
| Dates: |
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| Institution: | The University of Sheffield |
| Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Department of Economics (Sheffield) |
| Depositing User: | Symplectic Sheffield |
| Date Deposited: | 23 Oct 2018 14:12 |
| Last Modified: | 24 Oct 2018 06:04 |
| Published Version: | https://doi.org/10.1111/pirs.12165 |
| Status: | Published |
| Publisher: | Wiley |
| Refereed: | Yes |
| Identification Number: | 10.1111/pirs.12165 |
| Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:136968 |
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