𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Retail-Store Training

Book ID
109534851
Publisher
Nature Publishing Group
Year
1940
Tongue
English
Weight
113 KB
Volume
146
Category
Article
ISSN
0028-0836

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We propose a simple model to understand the economic factors that induce aggregation of some businesses over small geographical regions. The model incorporates price competition with neighboring stores, transportation costs and the satisfaction probability of finding the desired product. We show tha