Product differentiation and entry timing in a continuous time spatial competition model

@article{Ebina2015ProductDA,
  title={Product differentiation and entry timing in a continuous time spatial competition model},
  author={Takeshi Ebina and Noriaki Matsushima and Daisuke Shimizu},
  journal={European Journal of Operational Research},
  year={2015},
  volume={247},
  pages={904-913}
}
We extend the well-known spatial competition model (d’Aspremont et al., 1979) to a continuous time model in which two firms compete in each instance. Our focus is on the entry timing decisions of firms and their optimal locations. We demonstrate that the leader has an incentive to locate closer to the centre to delay the follower’s entry, leading to a non… CONTINUE READING