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Self-organizing Marketplaces

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Author Info
Takatoshi Tabuchi (Faculty of Economics, University of Tokyo)

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Abstract

Dynamics of retail firms in marketplaces is analyzed, assuming that firms compete within a marketplace as well as between marketplaces under monopolistically competition. The number, size, and location of marketplaces or edge cities are analytically obtained, which is hardly done in the previous literature. Furthermore, extending the model to a two-dimensional space, Christaller-Losch system of hexagonal market areas is analytically derived.

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Paper provided by CIRJE, Faculty of Economics, University of Tokyo in its series CIRJE F-Series with number CIRJE-F-607.

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Length: 23pages
Date of creation: Jan 2009
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Handle: RePEc:tky:fseres:2009cf607

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  1. Kiyoshi Arakawa, 2006. "A Model Of Shopping Centers," Journal of Regional Science, Blackwell Publishing, vol. 46(5), pages 969-990. [Downloadable!] (restricted)
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  4. Cavailhes, Jean & Gaigne, Carl & Tabuchi, Takatoshi & Thisse, Jacques-Francois, 2007. "Trade and the structure of cities," Journal of Urban Economics, Elsevier, vol. 62(3), pages 383-404, November. [Downloadable!] (restricted)
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  5. McMillen, Daniel P. & Smith, Stefani C., 2003. "The number of subcenters in large urban areas," Journal of Urban Economics, Elsevier, vol. 53(3), pages 321-338, May. [Downloadable!] (restricted)
  6. Shin-Kun Peng & Takatoshi Tabuchi, 2007. "Spatial Competition in Variety and Number of Stores," Journal of Economics & Management Strategy, Blackwell Publishing, vol. 16(1), pages 227-250, 03. [Downloadable!] (restricted)
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  7. Krugman, Paul, 1991. "Increasing Returns and Economic Geography," Journal of Political Economy, University of Chicago Press, vol. 99(3), pages 483-99, June. [Downloadable!] (restricted)
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  8. de Palma, A, et al, 1985. "The Principle of Minimum Differentiation Holds under Sufficient Heterogeneity," Econometrica, Econometric Society, vol. 53(4), pages 767-81, July. [Downloadable!] (restricted)
  9. Quinzii, Martine & Thisse, Jacques-Francois, 1990. "On the Optimality of Central Places," Econometrica, Econometric Society, vol. 58(5), pages 1101-19, September. [Downloadable!] (restricted)
  10. Henderson, Vernon & Mitra, Arindam, 1996. "The new urban landscape: Developers and edge cities," Regional Science and Urban Economics, Elsevier, vol. 26(6), pages 613-643, December. [Downloadable!] (restricted)
  11. Takanori Ago, 2008. "Central agglomeration of monopolistically competitive firms," Journal of Economic Geography, Oxford University Press, vol. 8(6), pages 811-823, November. [Downloadable!] (restricted)
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