Percorrer por autor "Parreira, Telmo"
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- Local market structure in a hotelling townPublication . Pinto, Alberto A.; Almeida, João P.; Parreira, TelmoWe develop a theoretical framework to study the location-price competition in a Hotelling-type network game, extending the Hotelling model, with linear transportation costs, from a line (city) to a network (town). We show the existence of a pure Nash equilibrium price if, and only if, some ex- plicit conditions on the production costs and on the network structure hold. Furthermore, we prove that the local optimal localization of the firms are at the cross-roads of the town.