{"id":5545,"date":"2022-01-30T00:19:02","date_gmt":"2022-01-29T21:19:02","guid":{"rendered":"https:\/\/www.berjournal.com\/?p=5545"},"modified":"2022-01-31T01:19:57","modified_gmt":"2022-01-30T22:19:57","slug":"location-choice-under-spillovers","status":"publish","type":"post","link":"https:\/\/www.berjournal.com\/tr\/location-choice-under-spillovers","title":{"rendered":"Location Choice under Spillovers"},"content":{"rendered":"

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Makale Bilgileri<\/td>\n<\/tr>\n
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Dergi:<\/td>\nBusiness and Economics Research Journal<\/td>\n<\/tr>\n
Makalenin Ba\u015fl\u0131\u011f\u0131:<\/td>\nLocation Choice under Spillovers<\/td>\n<\/tr>\n
Yazar(lar):<\/td>\n\u00d6zg\u00fcn Ekici, Bugra Caskurlu<\/td>\n<\/tr>\n
Cilt:<\/td>\n13<\/td>\n<\/tr>\n
Say\u0131:<\/td>\n1<\/td>\n<\/tr>\n
Y\u0131l:<\/td>\n2022<\/td>\n<\/tr>\n
Sayfa:<\/td>\n1-9<\/td>\n<\/tr>\n
ISSN:<\/td>\n2619-9491<\/td>\n<\/tr>\n
DOI Numaras\u0131:<\/td>\n10.20409\/berj.2022.358<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n
\u00d6z<\/td>\n<\/tr>\n
This paper introduces the location choice under spillovers game: A number of firms choose from among a number of alternative locations. A firm\u2019s payoff at some location is the sum of two factors: Its location-specific idiosyncratic payoff; and the positive spillover it receives, which is a function of the number of firms choosing the same location. The spillover function is location-specific and monotonically increasing. This game form can be viewed as an extension of the classic \u201cbattle of sexes\u201d game. It can also be used to model real-life game-theoretic situations with network effects, such as when app users choose from alternative social media or instant messaging apps. In our main result, we show that the location choice under spillovers game is a potential game, and hence, it always admits a Nash equilibrium in pure strategies. We also show that: A Nash equilibrium outcome need not be Pareto efficient. An outcome that is Pareto efficient need not be a Nash equilibrium. And a Nash equilibrium is not necessarily a strong equilibrium.<\/td>\n<\/tr>\n
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Anahtar Kelimeler:<\/td>\nPure strategy Nash equilibrium, Existence, Potential Games, Location Choice, Spillovers, Network Externalities<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n
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JEL S\u0131n\u0131fland\u0131rmas\u0131:<\/td>\nC72, D62<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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Makale Bilgileri Dergi: Business and Economics Research Journal Makalenin Ba\u015fl\u0131\u011f\u0131: Location Choice under Spillovers Yazar(lar): \u00d6zg\u00fcn Ekici, Bugra Caskurlu Cilt: 13 Say\u0131: 1 Y\u0131l: 2022 Sayfa: 1-9 ISSN: 2619-9491 DOI Numaras\u0131: 10.20409\/berj.2022.358 \u00d6z This paper introduces the location choice under spillovers game: A number of firms choose from among a number of alternative locations. A […]<\/p>\n

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