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Spatial Microeconomics

Theoretical Underpinnings and Applications. Economists of the Twentieth Century Series 2

By (author) M.L. Greenhut
Format: Hardback
Publisher: Edward Elgar Publishing Ltd, Cheltenham, United Kingdom
Published: 10th Aug 1995
Dimensions: w 156mm h 234mm
Weight: 1081g
ISBN-10: 1858981379
ISBN-13: 9781858981376
Barcode No: 9781858981376
These volumes extend classical location theory from its least cost approach to a maximum profit framework and revitalize neoclassical microeconomics by adding a spatial dimension. This volume demonstrates that even the pricing of services, electrical power and many other goods - although not distance-related per se - can be analyzed from a spatial perspective. The author indicates how and why modern firms price heterogeneously over differentiated markets.

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