Quotation Maier, Gunther. 2008. Spatial Prices, Search Behavior and Location. Annals of Regional Science 1-22.


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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.

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Publication's profile

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)
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