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Streets, Malls, and Supermarkets.

Abstract:

We develop a model of competition between shopping centers, comparing competitive outcomes in three alternative modes of retail organization, namely: streets (in which neither developers or retailers internalize agglomeration effects between products); malls (in which developers internalize); and supermarkets (in which both developers and retailers internalize). For a fixed number of centers: (i) converting streets to malls intensifies developer (but not retailer) competition, which increases...

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Publisher copy:
10.1111/j.1430-9134.2005.00033.x

Authors


Howard Smith More by this author
Donald Hay More by this author
Journal:
Journal of Economics and Management Strategy
Volume:
14
Issue:
1
Publication date:
2005
DOI:
URN:
uuid:8206a6d5-c796-4a71-a08d-23d48e496bfb
Local pid:
oai:economics.ouls.ox.ac.uk:12721
Language:
English

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