"Location theory has become an integral part of economic geography, regional science, and spatial economics."
A framework for analyzing how the location of economic activity affects the behavior of firms, households, and the overall economy.
"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."
"Individuals choose locations that maximize their utility."
"Location theory has become an integral part of economic geography."
"Location theory has become an integral part of regional science."
"Location theory or microeconomic theory generally assumes that agents act in their own self-interest."
"Firms thus choose locations that maximize their profits."
"Individuals choose locations that maximize their utility."
"Economic geography, regional science, and spatial economics"
"Location theory addresses questions of what economic activities are located where and why."
"Firms thus choose locations that maximize their profits."
"Individuals choose locations that maximize their utility."
"Location theory or microeconomic theory generally assumes that agents act in their own self-interest."
"Firms thus choose locations that maximize their profits."
"Individuals choose locations that maximize their utility."
"Location theory addresses questions of what economic activities are located where and why."
"Firms thus choose locations that maximize their profits."
"Individuals choose locations that maximize their utility."