Theory of spatial pricing and market areas

Theory of spatial pricing and market areas PDF Author: Melvin L. Greenhut
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 262

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Theory of spatial pricing and market areas

Theory of spatial pricing and market areas PDF Author: Melvin L. Greenhut
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 262

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Book Description


Theory of Spatial Pricing and Market Areas

Theory of Spatial Pricing and Market Areas PDF Author: Melvin L. Greenhut
Publisher: Durham, N.C. : Duke University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 288

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Spatial Price Theory of Imperfect Competition

Spatial Price Theory of Imperfect Competition PDF Author: Hiroshi Ohta
Publisher: Texas A&M University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 272

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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.

Theory of Spatial Pricing and Market Areas

Theory of Spatial Pricing and Market Areas PDF Author: Melvin L. Greenhut
Publisher: Durham, N.C. : Duke University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 284

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Book Description


Lectures on Location Theory

Lectures on Location Theory PDF Author: Martin F. Bach
Publisher: Springer Science & Business Media
ISBN: 3662037629
Category : Business & Economics
Languages : en
Pages : 201

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Book Description
Continuing the (neo-)classical tradition of von Thünen, Launhardt, Weber, Palander, and Lösch this book offers a fresh approach to the location of industries and other economic activities, of market areas, spatial price distribution, locational specialization, urban and transportation systems, and spatial interaction in general. It uses elementary economic reasoning supported by simple mathematical models, some classical, some new. The mathematical methods are presented in numbered Mathematical Notes. The author has been active in this field since 1950.

Spatial Pricing and Differentiated Markets

Spatial Pricing and Differentiated Markets PDF Author: George Norman
Publisher: Taylor & Francis
ISBN: 9780850861211
Category : Business & Economics
Languages : en
Pages : 190

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Spatial Search

Spatial Search PDF Author: Gunther Maier
Publisher: Springer Science & Business Media
ISBN: 3642493467
Category : Business & Economics
Languages : en
Pages : 259

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Book Description
Two areas have fascinated me for a long time. One is the micro economic theory of consumer behavior, the other one the role of space in economic processes. Usually, the two don't go together very well. In more advanced versions of microeconomic consumer theory its economic actor may face uncertainty, have to allocate resources over time, or have to take into ac count the characteristics of products, but rarely deals with space. He/she inhabits a spaceless point economy. Regional Science, on the other hand, describes and analyzes the spatial structure and development of the econ omy, but either ignores individual decision making altogether or treats it in a rather simplistic way. In this book I try to bring together these two areas of interest of mine. I do this by use of the microeconomic concept of search and placing it in an explicit spatial context. The result, in my opinion, is a theoretical concept with fascinating implications, a broad set of potential implications, and numerous interesting research questions. After reading this book, where I layout the basic idea of spatial search, describe its elements, and discuss some of its implications, I hope the reader will share this opinion. There are still plenty of unanswered research questions in this part of economic theory. Hopefully, this book will stimulate more work along these lines.

Modelling Spatial Housing Markets

Modelling Spatial Housing Markets PDF Author: Geoffrey Meen
Publisher: Springer Science & Business Media
ISBN: 1461516730
Category : Business & Economics
Languages : en
Pages : 279

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Book Description
Spatial fixity is one of the characteristics that distinguishes housing from most other goods and services in the economy. In general, housing cannot be moved from one part of the country to another in response to shortages or excesses in particular areas. The modelling of housing markets and the interlinkages between markets at different spatial levels - international, national, regional and urban - are the main themes of this book. A second major theme is disaggregation, not only in terms of space, but also between households. The book argues that aggregate time-series models of housing markets of the type widely used in Britain and also in other countries in the past have become less relevant in a world of increasing income dispersion. Typically, aggregate relationships will break down, except under special conditions. We can no longer assume that traditional location or tenure patterns, for example, will continue in the future. The book has four main components. First, it discusses trends in housing markets both internationally and within nations. Second, the book develops theoretical housing models at each spatial scale, starting with national models, moving down to the regional level and, then, to urban models. Third, the book provides empirical estimates of the models and, finally, the models are used for policy analysis. Analysis ranges over a wide variety of topics, including explanations for differing international house price trends, the causes of housing cycles, the role of credit markets, regional housing market interactions and the role of housing in urban/suburban population drift.

History of Spatial Economic Theory

History of Spatial Economic Theory PDF Author: C. Ponsard
Publisher: Springer Science & Business Media
ISBN: 3642821251
Category : Business & Economics
Languages : en
Pages : 242

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Book Description
The concept of space has always been a fundamental element in various branches of knowledge. The concept often appears in the evolution of knowledge, either as a basis of theory or as a factor in research. It is associated, more or less directly, with all the history of scientific thought. At the level of simple common sense, the importance of the concept of space is only equaled by its lack of precision. It was part of legend before becoming part of history. To indicate the founding of Rome, Romulus started by drawing the boundaries, locating its landmarks in a discontinuous space after having cut the limits of a continuous space. However, neither geographical explorations nor mathematico-logical speculations have ever completely removed the mystery from the concept of space. For all its simple common sense, its mystique remains intact. The privileged position occupied by the concept of space in the history of science and the vagueness of its meaning in the current use of the term, far from constituting a paradox, are mutually explanatory. Every concept of space is necessarily the result of an abstraction, whether the process by which it is reached is through mathematics, psychology, biology, or any other discipline. At the level of common knowledge, the space-time concept is the base upon which are arranged individual experiences. It is thus easy to understand how the concept of space can be understood only through an orderly arrangement of these experiences and their integration into a logical scheme.

Spatial Economics Volume I

Spatial Economics Volume I PDF Author: Stefano Colombo
Publisher: Springer Nature
ISBN: 3030400980
Category : Business & Economics
Languages : en
Pages : 346

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Book Description
Space is a crucial variable in any economic activity. Spatial Economics is the branch of economics that explicitly aims to incorporate the space dimension in the analysis of economic phenomena. From its beginning in the last century, Spatial Economics has contributed to the understanding of the economy by developing plenty of theoretical models as well as econometric techniques having the “space” as a core dimension of the analysis. This edited volume addresses the complex issue of Spatial Economics from a theoretical point of view. This volume is part of a more complex project including another edited volume (Spatial Economics Volume II: Applications) collecting original papers which address Spatial Economics from an applied perspective.