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Spatial Price Theory of Imperfect Competition

Spatial Price Theory of Imperfect Competition PDF Author: Hiroshi Ohta
Publisher: Texas A&M University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 272

Book Description
Economic space is the distance that separates economic agents such as manufacturers and consumers. Distance naturally imposes costs on the economic agents, but it has long been a neglected element in orthodox economic theory, one thought to complicate the issue unnecessarily. However, the theoretical implications of assuming away spatial elements may be especially significant for pricing practices and hence for competition. This volume shows why and in what ways the concept of economic space is vital and thus needed to reform orthodox price theory. It negates the classical paradigm of perfect competition and calls for a spatial price theory of imperfect competition. Among Hiroshi Ohta's findings in spatial microeconomic theory are that unlimited entry of new firms into the market may not lower consumer prices and that increased labor productivity in a spatial economy may actually lower real wages. Researchers and students of economic geography and regional science and economics will find the author's careful analysis, equations, and illustrations valuable in understanding a decade of advances in spatial price theory and in exploring new theories of competition.

Spatial Price Theory of Imperfect Competition

Spatial Price Theory of Imperfect Competition PDF Author: Hiroshi Ohta
Publisher: Texas A&M University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 272

Book Description
Economic space is the distance that separates economic agents such as manufacturers and consumers. Distance naturally imposes costs on the economic agents, but it has long been a neglected element in orthodox economic theory, one thought to complicate the issue unnecessarily. However, the theoretical implications of assuming away spatial elements may be especially significant for pricing practices and hence for competition. This volume shows why and in what ways the concept of economic space is vital and thus needed to reform orthodox price theory. It negates the classical paradigm of perfect competition and calls for a spatial price theory of imperfect competition. Among Hiroshi Ohta's findings in spatial microeconomic theory are that unlimited entry of new firms into the market may not lower consumer prices and that increased labor productivity in a spatial economy may actually lower real wages. Researchers and students of economic geography and regional science and economics will find the author's careful analysis, equations, and illustrations valuable in understanding a decade of advances in spatial price theory and in exploring new theories of competition.

Party Competition and Responsible Party Government

Party Competition and Responsible Party Government PDF Author: James Adams
Publisher: University of Michigan Press
ISBN: 9780472087679
Category : Political Science
Languages : en
Pages : 256

Book Description
DIVA marriage of behavioral and formal theory to explain the electoral strategies of political parties /div

The Geography of Competition

The Geography of Competition PDF Author: John R. Miron
Publisher: Springer Science & Business Media
ISBN: 1441956263
Category : Business & Economics
Languages : en
Pages : 474

Book Description
This book provides a comprehensive, up-to-date, and expert synthesis of location theory. What are the impacts of a firm’s geographic location on the locations of customers, suppliers, and competitors in a market economy? How, when, and why does this result in the clustering of firms in space? When and how is society made better or worse off as a result? This book uses dozens of locational models to address aspects of these three questions. Classical location problems considered include Greenhut-Manne, Hitchcock-Koopmans, and Weber-Launhardt. The book reinterprets competitive location theory, focusing on the linkages between Walrasian price equilibrium and the localization of firms. It also demonstrates that competitive location theory offers diverse ideas about the nature of market equilibrium in geographic space and its implications for a broad range of public policies, including free trade, industrial policy, regional development, and investment in infrastructure. With an extensive bibliography and fresh, interdisciplinary approach, the book will be an invaluable reference for academics and researchers with an interest in regional science, economic geography, and urban planning, as well as policy advisors, urban planners, and consultants.

Competition for Space and the Structure of Ecological Communities

Competition for Space and the Structure of Ecological Communities PDF Author: P. Yodzis
Publisher: Springer Science & Business Media
ISBN: 3642930972
Category : Mathematics
Languages : en
Pages : 200

Book Description
This volume is an investigation of interspecific competition for space, particularly among sessile organisms, both plant and animal, and its consequences for community structure. While my own contribu tion ----and the bulk of this volume --- lies in mathematical analysis of the phenomenon, I have also tried to summarize the most important natural historical aspects of these communities, and have devoted much effort to relating the mathematical results to observations of the natural world. Thus, the volume has both a synthetic and an analytic aspect. On the one hand, I have been struck by certain similarities among many communities, from forests to mussel beds, in which spatial com petition is important. On the other hand, I have analyzed this pheno menon by means of reaction-dispersal models. Finally, the mathematical analysis has suggested a conceptual framework for these communities which, I believe, further unifies and illuminates the field data. A focal perception of this work is that, just as niche relations provide an appropriate expression of the influence of resource compe tition on community structure, so do dominance relations provide an appropriate expression of the influence of spatial competition.

Models of Multiparty Electoral Competition

Models of Multiparty Electoral Competition PDF Author: K. Shepsle
Publisher: Routledge
ISBN: 1135646155
Category : Business & Economics
Languages : en
Pages : 113

Book Description
Kenneth A. Shepsle surveys the formal literature on multiparty electoral competition.

Spatial Ecology

Spatial Ecology PDF Author: David Tilman
Publisher: Princeton University Press
ISBN: 069118836X
Category : Science
Languages : en
Pages : 368

Book Description
Spatial Ecology addresses the fundamental effects of space on the dynamics of individual species and on the structure, dynamics, diversity, and stability of multispecies communities. Although the ecological world is unavoidably spatial, there have been few attempts to determine how explicit considerations of space may alter the predictions of ecological models, or what insights it may give into the causes of broad-scale ecological patterns. As this book demonstrates, the spatial structure of a habitat can fundamentally alter both the qualitative and quantitative dynamics and outcomes of ecological processes. Spatial Ecology highlights the importance of space to five topical areas: stability, patterns of diversity, invasions, coexistence, and pattern generation. It illustrates both the diversity of approaches used to study spatial ecology and the underlying similarities of these approaches. Over twenty contributors address issues ranging from the persistence of endangered species, to the maintenance of biodiversity, to the dynamics of hosts and their parasitoids, to disease dynamics, multispecies competition, population genetics, and fundamental processes relevant to all these cases. There have been many recent advances in our understanding of the influence of spatially explicit processes on individual species and on multispecies communities. This book synthesizes these advances, shows the limitations of traditional, non-spatial approaches, and offers a variety of new approaches to spatial ecology that should stimulate ecological research.

A Unified Theory of Party Competition

A Unified Theory of Party Competition PDF Author: James F. Adams
Publisher: Cambridge University Press
ISBN: 9781139444002
Category : Political Science
Languages : en
Pages : 344

Book Description
This book integrates spatial and behavioral perspectives - in a word, those of the Rochester and Michigan schools - into a unified theory of voter choice and party strategy. The theory encompasses both policy and non-policy factors, effects of turnout, voter discounting of party promises, expectations of coalition governments, and party motivations based on policy as well as office. Optimal (Nash equilibrium) strategies are determined for alternative models for presidential elections in the US and France, and for parliamentary elections in Britain and Norway. These polities cover a wide range of electoral rules, number of major parties, and governmental structures. The analyses suggest that the more competitive parties generally take policy positions that come close to maximizing their electoral support, and that these vote-maximizing positions correlate strongly with the mean policy positions of their supporters.

Economics of Agglomeration

Economics of Agglomeration PDF Author: Masahisa Fujita
Publisher: Cambridge University Press
ISBN: 9780521805247
Category : Business & Economics
Languages : en
Pages : 484

Book Description
This book provides the first unifying treatment of the range of economic reasons for the clustering of firms and households. Its goal is to explain further the trade-off between various forms of increasing returns and different types of mobility costs. Although referring to agglomeration as a generic term is convenient, it should be noted that the concept of economic agglomeration refers to distinct real world situations. The main focus of the treatment is on cities, but it also explores the formation of agglomerations, such as commercial districts within cities, industrial clusters at the regional level, and the existence of imbalance between regions. The book is rooted within the realm of modern economics and borrows concepts from geography and regional science, which makes it accessible to a broad audience formed by economists, geographers, regional planners, and other scientists. It may be used in coursework for graduate students and upper-level undergraduates.

Visitor Attractions and Events

Visitor Attractions and Events PDF Author: Adi Weidenfeld
Publisher: Routledge
ISBN: 1317580257
Category : Business & Economics
Languages : en
Pages : 275

Book Description
Both visitor attractions and events play pivotal roles in the appeal of tourism destination regions to visitors by virtue of being the main motivator of tourist trips and determining consumers’ choices. However, more recently visitor attractions have become more multifaceted, have proliferated and fragmented in terms of form, location, scale and style, and their role is undergoing major changes in a post-modern world as a result of consumer demands and competitive innovations. Visitor Attractions and Events for the first time theoretically and empirically explores the relations between events and attractions to offer new thinking of the role of space and place in shaping development, management practices and strategies in the sector as well as future implications. The book reveals how location is pivotal in the development, planning, and management of visitor attractions and events. Whereas the location of natural attractions is relatively fixed in space and their locations cannot be predetermined or relocated, human-made or contrived attractions are more influenced by the planning process in the context of the locational decision-making process. Competition and cooperation between visitor attractions and the aspects which shape these relations, including complementarities, compatibility, knowledge spill overs and diffusion of innovations, product similarities and spatial proximity remain largely ignored in the visitor attraction sector and thus are major elements in the focus of this book. Comparative examples ranging from small to major attractions in a wide variety of locations are included. This significant volume will appeal widely to all those interested in the visitor sector, such as tourism, events, leisure studies, destination management and sociology.

Economics of Cities

Economics of Cities PDF Author: Jean-Marie Huriot
Publisher: Cambridge University Press
ISBN: 9780521641906
Category : Business & Economics
Languages : en
Pages : 476

Book Description
This integrated collection of essays exploring the economic theory of cities assembles work by a number of the world's leading exponents.