The Cusp Catastrophe in the Urban Retail Model

J F Kaashoek and Ton Vorst ()

Environment and Planning A, 1984, vol. 16, issue 7, 851-862

Abstract: In this paper we will show that for a suitable choice of the parameters in an urban retail model as developed by Huff and by Lakshmanen and Hansen one finds a cusp catastrophe in the surface of equilibrium points. We give some economic consequences of the fact that we have a cusp catastrophe. Furthermore, we show that for other choices of the parameters the equilibrium points of the model depend smoothly on the parameters.

Date: 1984
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Working Paper: THE CUSP CATASTROPHE IN THE URBAN RETAIL MODEL (1983)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:16:y:1984:i:7:p:851-862

DOI: 10.1068/a160851

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