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We develop a product-differentiated model where the product space is a network defined as a set of varieties (nodes) linked by their degrees of substitutability (edges). We also locate consumers into this network, so that the location of each consumer (node) corresponds to her "ideal" variety....
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We study a linear location model (Hotelling, 1929) in which n (with n = 2) boundedly rational players follow (noisy) myopic best-reply behavior. We show through numerical and mathematical analysis that such players spend almost all the time clustered together near the center, re-establishing the...
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This paper summarises research into localised urban systems which accounts for variations in styles of diversity within multi-cultural cities. New work builds on previous studies in London and Turin. The first produced an ideal type model of open:closed urban systems and evidence that the former...
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