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Spatial configurations, competition and welfare
Abstract Studies 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 behavioural 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.
Spatial configurations, competition and welfare
Abstract Studies 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 behavioural 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.
Spatial configurations, competition and welfare
Ishikawa, Toshiharu (Autor:in) / Toda, Masao (Autor:in)
1990
Aufsatz (Zeitschrift)
Englisch
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