A Dynamic Hotelling-Type Model

O Davies
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O Davies: Food Research Institute, Stanford University, Stanford, California 94305, USA

Environment and Planning A, 1975, vol. 7, issue 2, 153-162

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.

Date: 1975
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:7:y:1975:i:2:p:153-162

DOI: 10.1068/a070153

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