Spatial Markets

  • Martin J. Beckmann
Chapter

Abstract

In this chapter we consider competitive markets. Monopoly was discussed in chapter 3. Monopolistic competition and oligopoly, perhaps the most interesting case, is treated in chapter 7. When buyers and sellers are at possibly different locations, spatial dimension enters into markets. Miksch (1951) has recognized the following distinctions.

Keywords

Transportation Resi Undercut Monopoly Oligopoly 

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References

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Copyright information

© Springer-Verlag Berlin Heidelberg 1999

Authors and Affiliations

  • Martin J. Beckmann
    • 1
  1. 1.Economics DepartmentBrown UniversityProvidenceUSA

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