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Optimum firm location under factor-price uncertainty

Mai, Chao-cheng

Abstract This paper presents a cost-minimizing location model to investigate the theoretical impacts and implication of factor-price uncertainty on the optimum location decisions of the firm in linear space. It will be shown that increased input price uncertainty leads the firm to move its factory towards the site of the price uncertain input.

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Optimum firm location under factor-price uncertainty

Mai, Chao-cheng

Abstract This paper presents a cost-minimizing location model to investigate the theoretical impacts and implication of factor-price uncertainty on the optimum location decisions of the firm in linear space. It will be shown that increased input price uncertainty leads the firm to move its factory towards the site of the price uncertain input.

Optimum firm location under factor-price uncertainty

Mai, Chao-cheng

Abstract This paper presents a cost-minimizing location model to investigate the theoretical impacts and implication of factor-price uncertainty on the optimum location decisions of the firm in linear space. It will be shown that increased input price uncertainty leads the firm to move its factory towards the site of the price uncertain input.

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Title:

Optimum firm location under factor-price uncertainty

Contributors:

Mai, Chao-cheng (author)

Published in:

The Annals of Regional Science ; 18

Publication date:

1984

ISSN:

DOI:

https://doi.org/10.1007/BF01287375

Type of media:

Article (Journal)

Type of material:

Print

Language:

English

Keywords:

Regionalökonomik , Kommunalpolitik , Umweltforschung , Regionalforschung , Regionalwissenschaft , Regionalentwicklung , Städtebau , Zeitschrift , Stadtentwicklung , Raumordnung , Umweltwissenschaften

Classification:

BKL: 74.72 Stadtplanung, kommunale Planung / 83.64 Regionalwirtschaft / 74.12 Stadtgeographie, Siedlungsgeographie
Local classification TIB: 770/3010

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