Spatial Pricing, Spatial Rents, and Spatial Welfare

摘要: This paper presents a model of spatial equilibrium that integrates elements pricing and ThA¼nen location models. Properties under mill, uniform, discriminatory regimes are explored. Three comparative propositions concerning firm, consumer, landowner welfare obtain the alternative schemes presented. The findings contrast with those found in extant literature. In particular, superiority mill from consumer perspective is questioned.