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.
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© 1999 Springer-Verlag Berlin Heidelberg
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Beckmann, M.J. (1999). Spatial Markets. In: Lectures on Location Theory. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-03762-1_4
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DOI: https://doi.org/10.1007/978-3-662-03762-1_4
Publisher Name: Springer, Berlin, Heidelberg
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