Eppli, Mark J.; Shilling, James D. - In: Journal of Real Estate Research 12 (1996) 3, pp. 459-468
The goal of this paper is to empirically measure the consumer utility tradeoff between store location (i.e., distance to a shopping center) and retail agglomeration in regional shopping centers. Using the Lakshmanan and Hansen retail expenditure model, our findings reveal that the distance...