THE PURE THEORY OF HOUSEHOLD LOCATION AN AXIOMATIC APPROACH* |
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Authors: | Geoffrey K. Turnbull |
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Abstract: | In this paper, I present an axiomatic basis for the neoclassical model of household location in a monocentric urban area. I generalize the existing framework and demonstrate that many of the conclusions derived using parametric models continue to hold even without the popularly assumed well-behaved utility and transportation cost functions. |
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