Maier, Gunther. 2008. Spatial Prices, Search Behavior and Location. Annals of Regional Science 1-22.
BibTeX
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 customers location via bid prices for land with the expected costs of buying the product.We demonstrate various characteristics of this model via numerical simulations.
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| Status of publication | Published |
|---|---|
| Affiliation | WU |
| Type of publication | Journal article |
| Journal | Annals of Regional Science |
| Citation Index | SSCI |
| WU Journalrating 2009 | A |
| Language | English |
| Title | Spatial Prices, Search Behavior and Location |
| Year | 2008 |
| Page from | 1 |
| Page to | 22 |
| Reviewed? | Y |
Associations
- People
- Maier, Gunther (Details)
- Organization
- Institute for Multi-Level Governance and Development IN (Details)
- Research Institute for Spatial and Real Estate Economics FI (Details)
- Research areas (ÖSTAT Classification 'Statistik Austria')
- 1807 Economic geography (Details)
- 5329 Economics of location (Details)
- 5330 Site selection (Details)
- 5332 Transport economics (Details)
- 5606 Spatial research (Details)
- 5611 Urban and regional analysis (Details)
- 5612 Economics of location (Details)
- 5618 Regional economy (Details)
- 5702 Population statistics (Details)
- 5915 Economic geography (Details)