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Item Details
| Title:
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SPATIAL MICROECONOMICS
THEORETICAL UNDERPINNINGS AND APPLICATIONS |
| By: |
Melvin L. Greenhut |
| Format: |
Hardback |
| List price:
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£166.00 |
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We believe that this item is permanently unavailable, and so we cannot source
it.
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| ISBN 10: |
1858981379 |
| ISBN 13: |
9781858981376 |
| Publisher: |
EDWARD ELGAR PUBLISHING LTD |
| Pub. date: |
1 January, 1995 |
| Series: |
Economists of the Twentieth Century Series |
| Pages: |
608 |
| Description: |
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 pricing can be analyzed from a spatial perspective. |
| Synopsis: |
In Spatial Microeconomics, Melvin L. Greenhut argues that sellers in a space economy have the power to set prices, and that this power stems naturally from the geographic separation of markets. Focusing on differentiated markets, this collection of his acclaimed essays reveals that even the pricing of services, electrical power and many other goods - although not distance related per se - can be analysed from a spatial perspective. Professor Greenhut demonstrates and empirically indicates how and why modern firms price heterogeneously over differentiated markets. The spatial framework sheds light on the impact of mergers and antitrust legislation as well as on international trade and other issues.These essays are intended to revitalize neoclassical microeconomics by adding a spatial dimension and so making purely and monopolistically competitive frameworks irrelevant. No other collection of essays points uniquely to the need to reformulate microeconomics on the basis of time and space.Spatial Microeconomics and its companion volume, Location Economics, will be welcomed by students, teachers and practitioners of economics for improving access to Professor Greenhut's many important essays and papers. |
| Publication: |
UK |
| Imprint: |
Edward Elgar Publishing Ltd |
| Returns: |
Returnable |
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Ramadan and Eid al-Fitr
A celebratory, inclusive and educational exploration of Ramadan and Eid al-Fitr for both children that celebrate and children who want to understand and appreciate their peers who do.
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