Self-organizing Marketplaces

Takatoshi Tabuchi

No CIRJE-F-607, CIRJE F-Series from CIRJE, Faculty of Economics, University of Tokyo

Abstract: Dynamics of retail firms in marketplaces is analyzed, assuming that firms compete within a marketplace as well as between marketplaces under monopolistically competition. The number, size, and location of marketplaces or edge cities are analytically obtained, which is hardly done in the previous literature. Furthermore, extending the model to a two-dimensional space, Christaller-Losch system of hexagonal market areas is analytically derived.

Pages: 23pages
Date: 2009-01
New Economics Papers: this item is included in nep-ure
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Citations: View citations in EconPapers (10)

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Journal Article: Self-organizing marketplaces (2009)
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