Construct · 1 fields · 1 citations

Salop circular city: a standalone construct

One name. One construct. A landmark on the map.

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Industrial organization

a spatial model of differentiated competition in which firms and consumers are spread around a circle, used to study entry and product variety.

In industrial organization, Salop circular city refers to a spatial model of differentiated competition in which firms and consumers are spread around a circle, used to study entry and product variety. This meaning comes from Salop (1979) in The Bell Journal of Economics.[1]

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Nearby constructs

model3 fields · 3 citationsjingle · one word, three constructs product variety1 fields · 1 citationsanchor · a standalone construct product3 fields · 3 citationsjingle · one word, three constructs

References

Salop, S. C. (1979). Monopolistic Competition with Outside Goods. The Bell Journal of Economics, 10(1), 141. https://doi.org/10.2307/3003323

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