Spatial Configurations, Competition and Welfare
AbstractStudies into the shapes of market areas abound and emphasize the hexagon as the optimal configuration. This paper demonstrates that a triangular or a square market area can be superior to a hexagonal one under certain behavioral conditions. Spatial configurations are evaluated on the basis of (1) the number of firms required to fill a given market area and (2) the level of welfare per unit area that these firms generate under alternative competitive conditions.
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Bibliographic InfoArticle provided by Springer in its journal Annals of Regional Science.
Volume (Year): 24 (1990)
Issue (Month): 1 ()
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Web page: http://link.springer.de/link/service/journals/00168/index.htm
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- Toshiharu Ishikawa & Rickard Wall, 2011. "A hypothesis and an inspection on location polarization of economic activity and population due to globalization," ERSA conference papers ersa11p362, European Regional Science Association.
- Ishikawa, Toshiharu & Toda, Masao, 2005. "Retail market structure and the threat by the manufacturer to sell goods directly to the consumer," Socio-Economic Planning Sciences, Elsevier, vol. 39(1), pages 43-55, March.
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