Losch's Theorem on Hexagonal Market Areas

John Hartwick

No 25, Working Paper from Economics Department, Queen's University

Abstract: In his classic work, The Economics of Location, August Losch claimed to have proved that the free entry of firms to a market in two dimensional geographic space characterized by uniform quality throughout its area would result in hexagon-shaped market areas.

Pages: 26 pages
Date: 1970-07
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