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Consumers' Spatial Choice Behavior (Paperback, Softcover reprint of the original 1st ed. 1995)
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Consumers' Spatial Choice Behavior (Paperback, Softcover reprint of the original 1st ed. 1995)
Series: International Economics and Institutions
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Migration, commuting, and tourism are prominent phenomena
demonstrating the political and economic relevance of the spatial
choice behavior of households. The identification of the
determinants and effects of the households' location choice is
necessary for both entrepreneurial and policy planners who attempt
to predict (or regulate) the future demand for location-specific
commodities, such as infrastructure, land, or housing, and the
supply of labor. Microeconomic studies of the spatial behavior of
individuals have typically focused upon the demand for a single,
homogeneous, yet location-specific com 2 modity (such as land or
housing ) or their supply of labor3 and investigated the formation
of location-specific prices and wages in the presence of
transportation and migration costs or analyzed the individual-and
location-specific character istics triggering spatial rather than
quantitative or temporal adjustments. In contrast to many
theoretical analyses, empirical studies of the causes or con
sequences of individual demand for location-specific commodities
have often considered several "brands" of a heterogeneous good that
are offered at various locations, are perfect substitutes, and may
be produced by varying production 4 technologies. lCf. Alonso
(1964) 2Cf. Muth (1969). 3Cf. Sjaastad (1962) and Greenwood
(1975)."
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