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    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/58052


    Title: Loschian Competition versus Spatial Collusion: Price and Welfare Comparisons
    Authors: 麥朝成;Mai, Chao-cheng;Hwang, Hong;Ohta, Hiroshi
    Contributors: 淡江大學產業經濟學系
    Date: 1993-02
    Issue Date: 2011-09-29 10:53:20 (UTC+8)
    Publisher: Wiley Periodicals
    Abstract: Löschian duopoly under heterogeneous cost conditions is examined to show that it is not equivalent, contra past findings, to spatial collusion. Moreover, within the confines of the assumed demand and cost conditions spatial collusion is shown to be superior to Loschian competition in terms of both (aggregate) consumer surplus and producer surplus, which implies a possible welfare gain from collusion. A general, if not the general, prices‐and‐welfare comparison of alternative pricing schema including collusive, Löschian, and optimal pricing is summarily presented in a table.
    Relation: Journal of Regional Science 33(1), pp.13-25
    DOI: 10.1111/j.1467-9787.1993.tb00207.x
    Appears in Collections:[Graduate Institute & Department of Industrial Economics] Journal Article

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