A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Spatial prices, search behavior and location
Abstract This paper presents a model that links spatial prices with search behavior and location. Consumers are assumed to search for a product at the lowest overall costs where suppliers are spatially distributed. The expected result of this “shopping decision” is linked with a longer term “quantity decision” relating the customer’s location via bid prices for land with the expected costs of buying the product. We demonstrate various characteristics of this model via numerical simulations.
Spatial prices, search behavior and location
Abstract This paper presents a model that links spatial prices with search behavior and location. Consumers are assumed to search for a product at the lowest overall costs where suppliers are spatially distributed. The expected result of this “shopping decision” is linked with a longer term “quantity decision” relating the customer’s location via bid prices for land with the expected costs of buying the product. We demonstrate various characteristics of this model via numerical simulations.
Spatial prices, search behavior and location
Maier, Gunther (author)
2008
Article (Journal)
Electronic Resource
English
BKL:
83.64$jRegionalwirtschaft
/
74.12
Stadtgeographie, Siedlungsgeographie
/
38.00$jGeowissenschaften: Allgemeines
/
38.00
Geowissenschaften: Allgemeines
/
83.64
Regionalwirtschaft
/
74.12$jStadtgeographie$jSiedlungsgeographie
RVK:
ELIB39
/
ELIB18
/
ELIB45
Local classification FBW:
oek 4450
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