Browsing by Subject "Hotelling-Downs model"
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Article
Equilibria in unidirectional spatial models
(2013)This paper (a) characterizes the unique Nash equilibrium of the unidirectional Hotelling-Downs game in which firms maximize their market shares, for any distribution of the consumers, and (b) analyzes equilibrium behavior ...
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Article
Stability in electoral competition: A case for multiple votes
(2016)It is well known that the Hotelling-Downs model generically fails to admit an equilibrium when voting takes place under the plurality rule ( Osborne, 1993). This paper studies the Hotelling-Downs model considering that ...