At this time, Hotelling was concerned with the economic games of companies. He worked on the concept of economic competition and introduced a notion of spatial competition in duopoly. This refers to an economic situation where many "players" offer similar products or services in possibly ...
At this time, Hotelling was concerned with the economic games of companies. He worked on the concept of economic competition and introduced a notion of spatial competition in duopoly. This refers to an economic situation where many "players" offer similar products or services in possibly ...