Product differentiation and location decisions under demand uncertainty

Article Abstract:

Hotelling's duopoly game of location-then-price choices with quadratic transportation costs and uniformly distributed consumers under the assumption of firm's uncertainty about the exact location of its demand is investigated. The unique equilibrium and the socially optimal locations are characterized. It is found that in equilibrium, increases in the variance of the uncertainty lead to greater differentiation, higher expected equilibrium prices and profits.

Models, Competition (Economics), Product differentiation, Demand (Economics)

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The impact of hierarchies on wages

Article Abstract:

Research into the theoretical and empirical regularities between managerial organization and wages is presented. It was found the level one supervisors seem to receive a premium because of some unobserved characteristic, while higher level supervisors receive a premium through higher rates of return on human capital.

Organizing Business, Research, Career development, Industrial management, Reengineering (Management)

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Organizational performance in hierarchies and communities of practice

Article Abstract:

The performance of organizational structure compared to a two-level hierarchical structure is analyzed.

France, Evaluation, Organizational structure

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