Events

'Hotelling Competition, Market Shares, and the Gamma Distribution'

  • 31 Oct 2017

    12:30-14:15, Butler Room, Nuffield College

  • Economic Theory Lunchtime Workshop   Add to Calendar
Speaker: Bassel Tarbush

This event is part of the Economic Theory Lunchtime Workshop series.

For any symmetric equilibrium of Hotelling's pure location game I show that as the number of firms becomes large, the distribution of market shares becomes a Gamma(2; 2) regardless of the distribution of consumers.

The Economic Theory Lunchtime Workshops are convened by Meg Meyer.