Work

Discontinuous Changes in Equilibrium Retail Activity and Travel Structures

Year: 1990

Type: article

Abstract: ABSTRACT The classical “Harris-Wilson” model of urban retail activity location is extended to include endogenous zonal retail prices, as well as endogenous travel costs. Illustrative equilibrium con figurations of the activity/travel system are obtained through numerical experiments, under a variety of situations. Sudden changes in the spatial patterns of retail activity and interzonal shopping travel are shown to be induced by continuous variations in the values of the model's parameters. New sources of discontinuity are also identified, such as random fluctuations in the values of the exogenous variables, including residential population, link capacities and nonretail travel. Several directions for further theoretical and operational development of the model are discussed in conclusion.

Source: Papers of the Regional Science Association

DOI: 10.1007/bf01933906

Author: Norbert Oppenheim

Institutions: City College of New York, City University of New York

Language: English

Topic: Regional Economics and Spatial Analysis

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Sustainable cities and communities

Open Access status: hybrid

Estimated APC paid: $2,740