Authors

• Javier Elizalde(jelizalde@unav.es)
  University of Navarra

Abstract
The problem of non-existence of perfect equilibrium in the original model of Harold Hotelling and the principle of minimum differentiation he suggested have been tackled on different grounds. This paper provides a survey on the address approach to horizontal product differentiation and the different ways that works after Hotelling solved the problem of non-existence of perfect equilibrium by changing some of the assumptions of the model.

Classification JEL:D43, L10, L13

Keywords:Oligopolistic Competition, Horizontal Product Differentiation, Hotelling

Number of Pages:29

Creation Date:2011-02-16

Number:null/11