Discrete hotelling pure location games: potentials and equilibria

We study two-player one-dimensional discrete Hotelling pure location games assuming that demand f(d) as a function of distance d is constant or strictly decreasing. We show that this game admits a best-response potential. This result holds in particular for f(d) = wd with 0 < w ≤ 1. For this case...

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Main Authors: Iimura Takuya, von Mouche Pierre
Format: Article
Language:English
Published: EDP Sciences 2021-08-01
Series:ESAIM: Proceedings and Surveys
Online Access:https://www.esaim-proc.org/articles/proc/pdf/2021/02/proc2107115.pdf
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author Iimura Takuya
von Mouche Pierre
author_facet Iimura Takuya
von Mouche Pierre
author_sort Iimura Takuya
collection DOAJ
description We study two-player one-dimensional discrete Hotelling pure location games assuming that demand f(d) as a function of distance d is constant or strictly decreasing. We show that this game admits a best-response potential. This result holds in particular for f(d) = wd with 0 < w ≤ 1. For this case special attention will be given to the structure of the equilibrium set and a conjecture about the increasingness of best-response correspondences will be made.
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spelling doaj.art-ed7c6c316f854eeba3b48d47b1b4de822023-01-02T09:20:01ZengEDP SciencesESAIM: Proceedings and Surveys2267-30592021-08-017116317410.1051/proc/202171163proc2107115Discrete hotelling pure location games: potentials and equilibriaIimura Takuya0von Mouche Pierre1Tokyo Metropolitan UniversityWageningen UniversityWe study two-player one-dimensional discrete Hotelling pure location games assuming that demand f(d) as a function of distance d is constant or strictly decreasing. We show that this game admits a best-response potential. This result holds in particular for f(d) = wd with 0 < w ≤ 1. For this case special attention will be given to the structure of the equilibrium set and a conjecture about the increasingness of best-response correspondences will be made.https://www.esaim-proc.org/articles/proc/pdf/2021/02/proc2107115.pdf
spellingShingle Iimura Takuya
von Mouche Pierre
Discrete hotelling pure location games: potentials and equilibria
ESAIM: Proceedings and Surveys
title Discrete hotelling pure location games: potentials and equilibria
title_full Discrete hotelling pure location games: potentials and equilibria
title_fullStr Discrete hotelling pure location games: potentials and equilibria
title_full_unstemmed Discrete hotelling pure location games: potentials and equilibria
title_short Discrete hotelling pure location games: potentials and equilibria
title_sort discrete hotelling pure location games potentials and equilibria
url https://www.esaim-proc.org/articles/proc/pdf/2021/02/proc2107115.pdf
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