A Retail Location Model with Overlapping Market Areas: Hotelling's Problem Revisited

Urban Studies ◽  
1977 ◽  
Vol 14 (2) ◽  
pp. 203-205 ◽  
Author(s):  
H.C.W.L. Williams ◽  
M.L. Senior
1971 ◽  
Vol 3 (4) ◽  
pp. 411-432 ◽  
Author(s):  
M Batty

This paper presents some experiments in calibrating a retail location model designed for the Kristiansand region in southern Norway. The form and behaviour of the model under extremes of its parameter values is first investigated, and then some calibration methods proposed by Hyman are tested. The need for a more general method is evident and a search procedure based on the Fibonacci numbers is outlined. A generalisation of this method, based on the golden section number, is derived and this method is used to explore the sensitivity of the model's goodness-of-fit to changes in parameter values. A fundamental result of these explorations shows that there is no unique fit for retail models with two parameters, and this result is likely to hold for other models of spatial interaction.


2014 ◽  
Vol 47 (3) ◽  
pp. 219-239 ◽  
Author(s):  
Andy Newing ◽  
Graham P. Clarke ◽  
Martin Clarke

ICLEM 2010 ◽  
2010 ◽  
Author(s):  
Yufeng Sun ◽  
Quanguo Zhang ◽  
Guangyin Xu
Keyword(s):  

2018 ◽  
Vol 9 (12) ◽  
pp. 1847-1850
Author(s):  
LathaV LathaV ◽  
P Rajalakshmi
Keyword(s):  

2001 ◽  
Author(s):  
Francisco J. Climent ◽  
Vicente Meneu ◽  
Ángel Pardo Tornero

2020 ◽  
Vol 42 (1) ◽  
pp. 151-182
Author(s):  
Ramya Rajajagadeesan Aroul ◽  
J. Andrew Hansz ◽  
Mauricio Rodriguez

In the literature, there is a wide range of discounts associated with foreclosures. Comparisons across studies are difficult as they use different methodologies across large areas over different time periods. We employ a consistent methodology across space and time. We find modest discounts, within the range of typical transaction costs, in all but the highest priced market segment. Higher priced segments could explain prior findings of substantial discounts. We find that discounts are time-varying, with discounts increasing with market distress. A one-size-fits-all approach is not appropriate when estimating distressed transaction discounts across large market areas or under changing market conditions.


Author(s):  
Cristian Barra ◽  
Roberto Zotti

AbstractRegulators should ensure the smooth functioning of the system and promote regional development. Making the health of financial institutions is therefore a prerequisite for a sustainable economic development. This paper contributes to the literature on the relationship between the financial stability and growth within the area of one country. This implies that institutional, legal, and cultural factors are more adequately controlled for and financial markets are more accurately bounded. Using a rich sample of Italian banks over the 2001–2012 period, this paper addresses whether different measures of financial distress affect economic development of labour market areas in Italy. Results show that the financial stability has a positive effect on local economic development, robust to alternative variables capturing financial vulnerability. The presence of spatial effects is tested showing that better financial conditions of the banking system in neighbouring areas have a detrimental effect on an area’s growth.


1997 ◽  
Vol 25 (2) ◽  
pp. 59-69 ◽  
Author(s):  
Ian Clarke ◽  
David Bennison ◽  
John Pal

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