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Location Theory
Location theory has become an integral part of economic geography, regional science, and spatial economics. Location theory addresses questions of what economic activities are located where and why. Location theory or microeconomic theory generally assumes that agents act in their own self-interest. Firms thus choose locations that maximize their profits and individuals choose locations that maximize their utility. History Transportation costs While others should get some credit for earlier work (e.g., Richard Cantillon, Etienne Bonnot de Condillac, David Hume, Sir James D. Steuart, and David Ricardo), it was not until the publication of Johann Heinrich von Thünen's first volume of ''Der Isolierte Staat'' in 1826 that location theory can be said to have really gotten underway. Indeed, the prominent regional scientist Walter Isard has called von Thünen "the father of location theorists." In ''Der Isolierte Staat'', von Thünen notes that the costs of transporting goods consume ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Geography
Economic geography is the subfield of human geography which studies economic activity and factors affecting them. It can also be considered a subfield or method in economics. There are four branches of economic geography. There is, primary sector, Secondary sector, Tertiary sector, & Quaternary sector. Economic geography takes a variety of approaches to many different topics, including the location of industries, economies of agglomeration (also known as "linkages"), transportation, international trade, development, real estate, gentrification, ethnic economies, gendered economies, core-periphery theory, the economics of urban form, the relationship between the environment and the economy (tying into a long history of geographers studying culture-environment interaction), and globalization. Theoretical background and influences There are varied methodological approaches. Neoclassical location theorists, following in the tradition of Alfred Weber, tend to focus on industria ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
August Lösch
August Lösch (15 October 1906 – 30 May 1945) was a German economist, known for his seminal contributions to regional science and urban economics. Born in Öhringen, Württemberg, Lösch obtained his doctorate from the University of Bonn in 1932. His magnum opus, ''Die räumliche Ordnung der Wirtschaft'' (The economics of location), appeared in 1940. Lösch was a member of the "Confessing Church" (Bekennende Kirche), a Protestant group that spoke out openly against Adolf Hitler and was led by Martin Niemöller. He refused to emigrate and went into hiding to continue his anti-Nazi work, primarily in Kiel. Due to the deprivations of this illegal existence, he died, just days after World War II had ended, from scarlet fever in Ratzeburg. Biography Lösch was born in Öhringen, Kingdom of Württemberg, German Empire (now Baden-Württemberg, Germany). From 1908, he lived in Heidenheim an der Brenz, Heidenheim, where he graduated from high school in 1925 and subsequently worked as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Weber Problem
In geometry, the Weber problem, named after Alfred Weber, is one of the most famous problems in location theory. It requires finding a point in the plane that minimizes the sum of the transportation costs from this point to ''n'' destination points, where different destination points are associated with different costs per unit distance. The Weber problem generalizes the geometric median, which assumes transportation costs per unit distance are the same for all destination points, and the problem of computing the Fermat point, the geometric median of three points. For this reason it is sometimes called the Fermat–Weber problem, although the same name has also been used for the unweighted geometric median problem. The Weber problem is in turn generalized by the attraction–repulsion problem, which allows some of the costs to be negative, so that greater distance from some points is better. Definition and history of the Fermat, Weber, and attraction-repulsion problems In th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spatial Planning
Spatial planning mediates between the respective claims on space of the state, market, and community. In so doing, three different mechanisms of involving stakeholders, integrating sectoral policies and promoting development projects mark the three schools of transformative strategy formulation, innovation action and performance in spatial planning Spatial planning systems refer to the methods and approaches used by the public and private sector to influence the distribution of people and activities in spaces of various scales. Spatial planning can be defined as the coordination of practices and policies affecting spatial organization. Spatial planning is synonymous with the practices of urban planning in the United States but at larger scales and the term is often used in reference to planning efforts in European countries. Discrete professional disciplines which involve spatial planning include land use planning, land use, urban planning, urban, regional planning, regional, tr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regional Economics
Regional economics is a sub-discipline of economics and is often regarded as one of the fields of the social sciences. It addresses the economic aspect of the regional problems that are spatially analyzable so that theoretical or policy implications can be the derived with respect to regions whose geographical scope ranges from local to global areas. Regional Economics: refer to the economics advantage of a geographical location and human activities of greatest height to contribute maximally to the general growth and prosperity of the region. Origins Regional economics has shared many traditions with regional science, whose earlier development was propelled by Walter Isard and some economists' dissatisfaction with the existing regional economic analysis. Despite such a rather critical view of regional economics, however, it is hard to be denied that the "economic" approach to regional problems was and has been the most significant one throughout the development of regional scienc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Location Model
In economics, a location model or spatial model refers to any monopolistic competition model that demonstrates consumer preference for particular brands of goods and their locations. Examples of location models include Hotelling’s Location Model, Salop’s Circle Model, and hybrid variations. Traditional vs. location models In traditional economic models, consumers display preference given the constraints of a product characteristic space. Consumers perceive certain brands with common characteristics to be close substitutes, and differentiate these products from their unique characteristics. For example, there are many brands of chocolate with nuts and others without them. Hence, the chocolate with nuts is a constraint of its product characteristic space. On the other hand, consumers in location models display preference for both the utility gained from a particular brand’s characteristics as well as its geographic location; these two factors form an enhanced “product ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrial Inertia
Industrial inertia (geographical) describes a stage at which an industry prefers to run in its former location although the main alluring factors are gone. For example, the raw material source is depleted or an energy crisis has emerged. An industry may still like to stay in its former position because of its fixed cost (land capital etc.). A firm may also decide to stay in its former location if: # there is linkage with other activities of the area # it is in a favorable location for transportation # there is a skilled labour Skill is a measure of the amount of worker's expertise, specialization, wages, and supervisory capacity. Skilled workers are generally more trained, higher paid, and have more responsibilities than unskilled workers. Skilled workers have long had ... force References * ''Modern Dictionary of Geography'', Michael Witherick Visiting Fellow in Geography University of Southampton, Simon Ross Head of Geography Queen's College Taunton, John Small Emeritus Pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conservation Biology
Conservation biology is the study of the conservation of nature and of Earth's biodiversity with the aim of protecting species, their habitats, and ecosystems from excessive rates of extinction and the erosion of biotic interactions. It is an interdisciplinary subject drawing on natural and social sciences, and the practice of natural resource management. The conservation ethic is based on the findings of conservation biology. Origins The term conservation biology and its conception as a new field originated with the convening of "The First International Conference on Research in Conservation Biology" held at the University of California, San Diego in La Jolla, California, in 1978 led by American biologists Bruce A. Wilcox and Michael E. Soulé with a group of leading university and zoo researchers and conservationists including Kurt Benirschke, Sir Otto Frankel, Thomas Lovejoy, and Jared Diamond. The meeting was prompted due to concern over tropical deforestation, disappearin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on glossary of economics, these elements. Other broad distinctions within economics include those between positive economics, desc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William Henry Dean, Jr
William is a male given name of Germanic origin.Hanks, Hardcastle and Hodges, ''Oxford Dictionary of First Names'', Oxford University Press, 2nd edition, , p. 276. It became very popular in the English language after the Norman conquest of England in 1066,All Things William"Meaning & Origin of the Name"/ref> and remained so throughout the Middle Ages and into the modern era. It is sometimes abbreviated "Wm." Shortened familiar versions in English include Will, Wills, Willy, Willie, Bill, and Billy. A common Irish form is Liam. Scottish diminutives include Wull, Willie or Wullie (as in Oor Wullie or the play ''Douglas''). Female forms are Willa, Willemina, Wilma and Wilhelmina. Etymology William is related to the given name ''Wilhelm'' (cf. Proto-Germanic ᚹᛁᛚᛃᚨᚺᛖᛚᛗᚨᛉ, ''*Wiljahelmaz'' > German ''Wilhelm'' and Old Norse ᚢᛁᛚᛋᛅᚼᛅᛚᛘᛅᛋ, ''Vilhjálmr''). By regular sound changes, the native, inherited English form of the name should b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tord Palander
Tord Folkeson Palander (6 October 1902 – 1972) was a Swedish economist. His Ph.D. thesis, ''Beiträge zur Standortstheorie'' (Contributions to Location Theory), completed in 1935 at the Stockholm University College, laid foundations to regional science. Palander first studied chemical engineering at the Royal Institute of Technology, and graduated in 1926. He then started to study economics at the Stockholm University College. In 1941, Palander became a professor at the Gothenburg School of Business, Economics and Law, and in 1948 at the University of Uppsala Uppsala University ( sv, Uppsala universitet) is a public research university in Uppsala, Sweden. Founded in 1477, it is the oldest university in Sweden and the Nordic countries still in operation. The university rose to significance during .... References External links ''Beiträge zur Standortstheorie'' Palander's Ph.D. thesis 1902 births 1972 deaths University of Gothenburg faculty Uppsala Univers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Albert Schäffle
Albert Eberhard Friedrich Schäffle (24 February 183125 December 1903) was a German sociologist, political economist, and newspaper editor. Biography Early years Albert Schäffle was born at Nürtingen in Württemberg on 24 February 1831. In 1848 he became a student at the University of Tübingen. Career He had studied for the ministry, but started out in journalism as his career. From 1850 to 1860 he was attached to the editorial staff of the ''Schwäbische Merkur'' in Stuttgart, and in the latter year accepted a call to the chair of political economy at the University of Tübingen. From 1862 to 1864 Schäffle was a member of the Württemberg diet, and in 1868 he received a mandate to the German ''Zollparlament.'' During this year he was appointed professor of political science at the University of Vienna. In 1871 Schäffle resigned his professorship to join the cabinet of Count Karl Sigmund von Hohenwart as minister of commerce for Austria. The government fell in that same ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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