Observations on the Shape and Relevance of the Spatial Demand Function

Simple monopoly price theory in a spatial market

“…the amount a consumer is to pay for a unit of commodity, and a,b as well as v are positive parameters of the demand function. Equation 1 is employed by Greenhut et al (1975) to explore in detail the properties of spatial (total) demand under competition since it is completely general for the purpose of spatial price theory (see fn. 10, p. 673 for the argument), and by Greenhut (1977) to examine the output effect of a movement from spatial price discrimination to mill pricing.…”

Spatial Competition With Location‐dependent Costs*

“…'Stevens and Rydell (1966), Ohta (1972, 1975) and Greenhut, Hwang, and Ohta (1975) have shown that f.0.b. mill pricing may not be the optimal policy for a spatial firm.…”

A Note on the Effects of Spatial Price Discrimination on Output, Welfare and Location

“…Beckmann (1976) verified that the total output is the same under both price policies for a fixed market radius. Detailed comparisons of the spatial monopolist can be found in Greenhut et al (1975), Greenhut (1977), Greenhut et al (1987), andOhta (1988). Nevertheless, the firm's location of the aforementioned models is predetermined.…”