Rationality in Industrial Location Decisions
Peter M. Townroe
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Peter M. Townroe: School of Urban and Regional Studies, Sheffield City Polytechnic, Sheffield S1 1WB, UK
Urban Studies, 1991, vol. 28, issue 3, 383-392
Abstract:
Models of the outcomes of decision-making with respect to location by industrial companies decentralising from a metropolitan core have made the standard economic assumptions of optimising behaviour under constraints, following a path of instrumental rationality. This paper argues the case for widening the perspectives used in the analysis of industrial location decisions to consider both procedural rationality and expressive rationality alongside the standard instrumental view.
Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:sae:urbstu:v:28:y:1991:i:3:p:383-392
DOI: 10.1080/00420989120080411
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