A Dynamic Hotelling-Type Model
- 1 April 1975
- journal article
- research article
- Published by SAGE Publications in Environment and Planning A: Economy and Space
- Vol. 7 (2) , 153-162
- https://doi.org/10.1068/a070153
Abstract
This paper describes two strategies which analyse the problem of locating public facilities, such as health and daycare centers, in a spatial market with consumer demand increasing over time. Both strategies are required to satisfy some prescribed optimality criterion at the end of a given planning period. Production (demand) totals, corresponding to each strategy, are compared for any given demand level. Finally, the possibility of reaping scale economies, as production expands, is explored.Keywords
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