• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site
Student
Title
Supervisor
Faculty
Educational Programme
Final Grade
Year of Graduation
Vadim Vasilyev
Modelling Some Details of Imperfect Competition
2018
This paper analyses the optimal behavior of oligopolistically competing firms by extending the Hotelling linear city setup to a two-dimensional circular plane with several firms and analyzing how changes in exogenous variables affect the existence and nature of equilibrium. First, the paper shows that due to complexity of the model a closed form solution cannot be derived even for a vastly simplified setup. Then, it introduces and validates an iterative numerical simulation model which allows to find the equilibria under multiple sets of exogenous variables. The paper provides robust empirical evidence that the equilibria tend to be symmetric and that its existence requires transportation costs to be high enough and consumers locations to be diversified enough. It also shows some general patterns of the equilibria and discusses some selected cases in more details.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses