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Classical location theory is extended from its least cost approach to a maximum profit framework in this outstanding collection of Melvin L. This extension of classical location theory changes the analysis used in location economics from that of pure competition to oligopolistic competition. Classical location theory is extended from its least cost approach to a maximum profit framework in this outstanding collection of Melvin L. Greenhut's key essays. This extension of classical location theory changes the analysis used in location economics from that of pure competition to oligopolistic competition.

Using the analysis which is developed in this volume, locational interdependencies and, in turn, industrial location are shown to be affected by, diverse factors, including among others, marginal cost curves, demand curves and the number of firms in the market. Employing empirical findings to relate theory to practice, the author establishes a general theory via which he investigates and resolves specific issues and problems.

These essays make a major contribution by enabling the reader to appreciate the important developments that have taken place over recent years in location economics. Location Economics and its companion volume, Spatial Microeconomics, will be welcomed by students, teachers and practitioners of economics for improving access to Professor Greenhut's many important essays and papers.

Boekdetails

Serie
Economists of the Twentieth Century series
Ondertitel
Economists of the Twentieth Century series
Formaat
Hardback
Uitgever
Edward Elgar Publishing Ltd
Imprint
Edward Elgar Publishing Ltd
Auteur
Melvin L. Greenhut, Edward Elgar Publishing Ltd, Edward Elgar Publishing Ltd
ISBN-13
9781858981383
Verschijningsdatum
1995-01-01
Afmetingen
156 mm × 234 mm
Land van herkomst
US

Hardback

Location Economics: Theoretical Underpinnings and Applications

door Melvin L. Greenhut

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