The effect of retail firm ownership on price equilibrium
Article Abstract:
The impact of retail firm management on the differences in prices of consumer goods is evaluated using a spatial model. Establishment owners have the discretion to sell high-end, basic or specialized products through separate departments. By doing so, profits could be optimized with the equilibration of prices. Firm owners are then taking advantage of the externalities brought about by multi-purpose shopping. Hence, price variation is solely attributed to firm ownership.
Publication Name: Journal of Regional Science
Subject: Social sciences
ISSN: 0022-4146
Year: 1996
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The role of equilibrium and disequilibrium in modelling regional growth and decline: a critical reassessment
Article Abstract:
Research into migration patterns has shown that it may be unsafe to assume that there is an interregional equilibrium between areas, relative to their amenities. Migration into and out of an area also has an effect on house values and salaries. Some researchers have found that amenities are very important to migrants, and that one group of people moving to an area, such as the elderly, may result in other groups moving in also.
Publication Name: Journal of Regional Science
Subject: Social sciences
ISSN: 0022-4146
Year: 1993
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