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Self-organizing marketplaces

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  • Tabuchi, Takatoshi

Abstract

Dynamics of retail firms in marketplaces are analyzed, assuming that firms compete under monopolistic competition within a marketplace as well as between marketplaces and consumers are uniformly distributed over space. The number, size, and location of marketplaces or edge cities are analytically obtained. Furthermore, extending the model to a two-dimensional space, Christaller-Lösch system of hexagonal market areas is analytically derived.

Suggested Citation

  • Tabuchi, Takatoshi, 2009. "Self-organizing marketplaces," Journal of Urban Economics, Elsevier, vol. 66(3), pages 179-185, November.
  • Handle: RePEc:eee:juecon:v:66:y:2009:i:3:p:179-185
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    References listed on IDEAS

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    1. 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.
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    5. Shin-Kun Peng & Takatoshi Tabuchi, 2007. "Spatial Competition in Variety and Number of Stores," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 16(1), pages 227-250, March.
    6. Quinzii, Martine & Thisse, Jacques-Francois, 1990. "On the Optimality of Central Places," Econometrica, Econometric Society, vol. 58(5), pages 1101-1119, September.
    7. 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.
    8. Ginsburgh, Victor & Papageorgiou, Yorgo & Thisse, Jacques-Francois, 1985. "On existence and stability of spatial equilibria and steady-states," Regional Science and Urban Economics, Elsevier, vol. 15(2), pages 149-158, June.
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    10. Bumsoo Lee, 2007. ""Edge" Or "Edgeless" Cities? Urban Spatial Structure In U.S. Metropolitan Areas, 1980 To 2000," Journal of Regional Science, Wiley Blackwell, vol. 47(3), pages 479-515.
    11. de Palma, A, et al, 1985. "The Principle of Minimum Differentiation Holds under Sufficient Heterogeneity," Econometrica, Econometric Society, vol. 53(4), pages 767-781, July.
    12. repec:ulb:ulbeco:2013/1759 is not listed on IDEAS
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    16. Shin-Kun Peng & Takatoshi Tabuchi, 2007. "Erratum: Spatial Competition in Variety and Number of Stores," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 16(2), pages 537-537, June.
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    Cited by:

    1. Humphreys, Brad & Zhou, Li, 2013. "Sports Facilities, Agglomeration, and Urban Redevelopment," Working Papers 2013-4, University of Alberta, Department of Economics.
    2. Humphreys, Brad R. & Zhou, Li, 2015. "Sports facilities, agglomeration, and public subsidies," Regional Science and Urban Economics, Elsevier, vol. 54(C), pages 60-73.
    3. Ryusuke Ihara, 2011. "Weber problem in the NEG: a case study of Asia," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 47(1), pages 37-50, August.
    4. Sidorov, Alexander, 2012. "Endogenous Structure of Polycentric Urban Area I: Isolated City," MPRA Paper 36696, University Library of Munich, Germany.

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