Equilibrium Conditions and Solution Procedures for the Production-Constrained Spatial Interaction Model with a General Attractiveness Function
R Crouchley
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R Crouchley: School of Geography, University of Leeds, Leeds LS2 9JT, England
Environment and Planning A, 1984, vol. 16, issue 6, 821-828
Abstract:
The consequences of imposing the revenue-capacity condition (which can be interpreted as profit maximization) to determine supply patterns in conjunction with the production-constrained spatial interaction model with a general attractiveness function are presented. Convergence of the quasi-balancing factor method is shown to be an insufficient condition for providing an equilibrium solution; three different sets of results are obtained for an illustrative retailing system. Two of these results are shown to be nonoptimal.
Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:16:y:1984:i:6:p:821-828
DOI: 10.1068/a160821
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