SPATIAL EQUILIBRIUM WITH FOOTLOOSE FIRMS*

ABSTRACT. We determine the location equilibria in a duopoly model under a novel solution concept. Typically, spatial equilibrium is described as either a simultaneous price and location game, or else as a two-stage location-then-price game. We introduce a new alternative, a two-stage price-then-location game. It is well known that no (pure strategy) equilibrium usually exists under the two standard solution concepts when products are homogeneous. We show this is also true for the new concept. We then provide numerical results for a specific functional form (the logit model) which introduces product heterogeneity into the standard framework, restoring equilibrium when the degree of substitutability between products is not too small.     

Rare Himyaritic coins from Hadramawt

Three rare Himyaritic coins found in the territory of the ancient Hadramawt kingdom are published for the first time. Two of the coins bear the name of the king,'Amdan Bayyin, while the third has the name of Tha'ran Ya'ub.     

ROCK PHYSICS AND THE NEOLITHIC AXE TRADE IN GREAT BRITAIN*

This paper is concerned with the products of a number of Neolithic quarries in highland Britain. It investigates the claim that the scale of axe distribution was partly the result of social factors which resulted in these artefacts gaining an added value in areas remote from their sources. One case study considers the sequence of production in Cumbria, in relation to the tensile strength of the rock quarried in different parts of the region. It shows that these considerations had only a limited influence over the choice of stone source and the scale on which it was worked. A second study compares the tensile strength of the main raw materials used for making non-flint axes with the extent to which these sources were actually exploited. Again there is only a limited relationship between the two, suggesting that social factors may indeed have been important.     

PRESIDENTIAL ADDRESS: CANADIAN GEOGRAPHY IN A MULTILINGUAL WORLD: THE IMPLOSION OF RELEVANCE?

Global social, political, and economic change during the past quarter-century has been profound, particularly in major areas with languages different from those usually employed by Canadian geographers. Surveys by the author suggest that senior Canadian geography graduate students, however, are inadequately prepared to assimilate primary world sources of information, including the relevant research literatures (except those published in this country's two official languages), and that few geography departments any longer require competence in more than one language at any level of study. Nevertheless, geographers and their students could benefit in many ways from foreign language expertise. Suggestions are made whereby geography departments could reinforce their existing rigorous training programs with foreign linguistic and area competence.