Регистрация / Вход
Прислать материал

Do we go shopping downtown or in the 'burbs?

Name
Philip
Surname
Ushchev
Scientific organization
Higher School of Economics (HSE)
Academic degree
PhD
Position
Leading research fellow
Scientific discipline
Humanities & Social sciences
Topic
Do we go shopping downtown or in the 'burbs?
Abstract
We combine spatial and monopolistic competition to study market interactions between downtown retailers and an outlying shopping mall. The market solution stems from the interplay between the market expansion and the competition effect. Firms' profits increase (decrease) with the entry of local competitors when the former (latter) dominates. Downtown retailers vanish swiftly when the mall is large. A predatory but efficient mall need not be regulated, whereas the regulator must restrict the size of a mall accommodating downtown retailers.
Keywords
shopping behavior; retailers; shopping mall; spatial competition; monopolistic competition
Summary
Не заполнено