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2017
- handle: 10670/1.q3mat2
- 0304-2758
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http://www.redalyc.org/revista.oa
Estudios de Economía
Mots-clés
Economía y Finanzas Zoning welfare function industrial policy spatial competition equilibrium resultsSujets proches
City planning--Zone system Districting (City planning)Citer ce document
Hamid Hamoudi et al., « Optimal Zoning in Spatial Differentiation », Estudios de Economía, ID : 10670/1.q3mat2
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Résumé
"This study analyzes optimal zoning policy in a duopolistic spatial competition framework for both circular and linear spaces. A regulator is introduced in the third stage of the price-location game through a welfare function to model zoning preferences from firms and consumers. An equilibrium outcome is then found for both spatial configurations. When the regulator is inclined to favor consumers (consumer-oriented) both firms are restricted to locate at one point to serve the whole market. Nevertheless, when the preferences of the regulator are biased towards firms (firm-oriented) the zoning area is maximized, with both firms being located at the market boundaries. The equilibrium outcome confirms location patterns found in real life situations under a non-neutral regulator."