The Address Approach to Horizontal Product Differentiation: A Survey
Keywords: 
Materias Investigacion::Economía y Empresa
Horizontal product differentiation
Perfect equilibrium
Oligopolistic competition
Model of Hotelling
Issue Date: 
2011
Citation: 
Elizalde, J. (Javier). "The Address Approach to Horizontal Product Differentiation: A Survey". En . , 2011,
Abstract
The problem of non-existence of perfect equilibrium in the original model of Harold Hotelling and the principle of minimum differentiation he suggested have been tackled on different grounds. This paper provides a survey on the address approach to horizontal product differentiation and the different ways that works after Hotelling solved the problem of non-existence of perfect equilibrium by changing some of the assumptions of the model.

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