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Trading Area 32
Characteristics of the Model
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absolute price alternative shopping center approximately areas of proposed breaking point formula calculate choice situation clothing and furniture consumer spatial behavior consumer’s travel base Curtis Publishing Company deﬁnition desire determine distance Duncan Luce equation Estate Research Program estimated exempliﬁed expected number function furniture purchases given shopping center gravity model greater household Huff’s hypothesis inﬂuence intra-urban retail trade involved in getting Jacob Marschak John Haggerty Land Economics let us assume marginal utility mathematical Neighborhood 2 Neighborhood number of consumers number of items number of shopping parameter particular shopping center ping center planned shopping centers population of city potential predictive product class proportion proposed shopping center ratio Real Estate Research reﬂects Reilly’s formula Relative retail ﬁrm retail trade area sample selling space shopping trips sumers three neighborhoods tion trade area analysis travel further travel time involved University of California variables various shopping centers