Salop model

GPTKB entity

Statements (17)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:analyzes imperfect competition
gptkbp:assumes consumers distributed on a circle
firms located equidistantly
gptkbp:describes product differentiation
gptkbp:features circular city
gptkbp:field industrial organization
gptkbp:focusesOn spatial competition
https://www.w3.org/2000/01/rdf-schema#label Salop model
gptkbp:introducedIn 1979
gptkbp:proposedBy gptkb:Steven_Salop
gptkbp:publishedIn gptkb:Journal_of_Economic_Theory
gptkbp:relatedTo gptkb:Hotelling_model
gptkbp:usedFor analyzing market entry
studying pricing strategies
gptkbp:bfsParent gptkb:Michael_Salop
gptkbp:bfsLayer 6