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The standard model of the equilibrium spatial market area and price for a single shopping good is extended to the case where the consumer devotes some income to a nonshopping (outside) good or to obtaining leisure. The presence of an outside good, which does not incur transport or inventory...
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A model of the equilibrium spatial size of a market, in which shop rents are determined endogenously, is constructed on the lines of previous studies of market areas. Two cases are considered: the shop rents in the first model are determined by competition with the housing sector, whereas in the...
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