On hotelling's "Stability in competition"
- C. d'Aspremont, J. Gabszewicz, Jacques-François Thisse
- Mathematics
- 1979
The purpose of this note is to show that the so-called Principle of Minimum Differentiation, as based on Hotelling’s 1929 paper “Stability in Competition” is invalid. The purpose of this note is to…
On the Stability of Collusive Price Leadership
- C. d'Aspremont, A. Jacquemin, J. Gabszewicz, J. Weymark
- Economics
- 1983
The gains from cartel formation and the stability of a dominant cartel are investigated for the price-leadership model. We show that there is a general interest in the establishment of a cartel with…
Price competition, quality and income disparities
- J. Gabszewicz, Jacques-François Thisse
- Economics
- 1 June 1979
Press advertising and the ascent of the 'Pensee Unique'
- J. Gabszewicz, D. Laussel, N. Sonnac
- Economics
- 1 May 2001
Oligopoly "à la Cournot" in a general equilibrium analysis
- J. Gabszewicz, J. Vial
- Economics
- 1 June 1972
On Gale and Shapley "college admissions and the stability of marriage"
- J. Gabszewicz, Filomena Garcia, J. Pais, J. Resende
- Economics
- 2 August 2012
In this note, we start to claim that established marriages can be heavily destabilized when the population of existing couples is enriched by the arrival of new candidates to marriage. Afterwards, we…
The Media and Advertising: A Tale of Two-Sided Markets
- Simon P. Anderson, J. Gabszewicz
- Economics, Business
- 1 September 2005
Media industries are important drivers of popular culture. A large fraction of leisure time is devoted to radio, magazines, newspapers, the Internet, and television (the illustrative example…
Programming and Advertising Competition in the Broadcasting Industry
- J. Gabszewicz, D. Laussel, N. Sonnac
- Economics
- 17 October 2004
We analyze competition between two private television channels that derive their profits from advertising receipts. These profits are shown to be proportional to total population advertising…
Demand fluctuations and capacity utilization under duopoly
- J. Gabszewicz, Sougata Poddar
- Economics, Business
- 1997
Summary. This paper studies the impact of uncertain demand on firms’ capacity decisions when they operate in an oligopolistic environment. We define a two-stage game where firms choose capacity in…
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