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Author: Song-Ken Hsu
Publisher:
ISBN:
Category : Economic policy
Languages : en
Pages : 48
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Book Description
Author: Song-Ken Hsu
Publisher:
ISBN:
Category : Economic policy
Languages : en
Pages : 48
Get Book Here
Book Description
Author: Song-Ken Hsu
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: George Norman
Publisher: Taylor & Francis
ISBN: 9780850861211
Category : Business & Economics
Languages : en
Pages : 190
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Author: Hiroshi Ohta
Publisher:
ISBN:
Category :
Languages : en
Pages : 296
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Author: Abdullah Dasci
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
This article presents an analysis of location and pricing decisions of a monopolist about to open several stores in a compact geographical space. The number of stores is made endogenous by the introduction of fixed costs. A novel methodology is developed, by which the firm's location and price decisions are represented as continuous functions defined over the geographical space. This modeling artifact generates a negligible error but simplifies the solution considerably and allows the derivation of several intuitive results. Although the focus is on one-dimensional markets, it is shown that the method can easily be adapted to two-dimensional markets.
Author: Chao-shun Hung
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 354
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Author: Benjamin H. Stevens
Publisher:
ISBN: 9781558691179
Category : Industrial location
Languages : en
Pages : 34
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Author: Song-Ken Hsu
Publisher:
ISBN:
Category : Economic policy
Languages : en
Pages : 26
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Author: Hiroshi Ohta
Publisher: Texas A&M University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 274
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Book Description
Economic space is the distance that separates economic agents such as manufacturers and consumers. Distance naturally imposes costs on the economic agents, but it has long been a neglected element in orthodox economic theory, one thought to complicate the issue unnecessarily. However, the theoretical implications of assuming away spatial elements may be especially significant for pricing practices and hence for competition. This volume shows why and in what ways the concept of economic space is vital and thus needed to reform orthodox price theory. It negates the classical paradigm of perfect competition and calls for a spatial price theory of imperfect competition. Among Hiroshi Ohta's findings in spatial microeconomic theory are that unlimited entry of new firms into the market may not lower consumer prices and that increased labor productivity in a spatial economy may actually lower real wages. Researchers and students of economic geography and regional science and economics will find the author's careful analysis, equations, and illustrations valuable in understanding a decade of advances in spatial price theory and in exploring new theories of competition.
Author: George Norman
Publisher:
ISBN:
Category : Price maintenance
Languages : en
Pages : 40
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Book Description
