ISSN:
1432-0592
Source:
Springer Online Journal Archives 1860-2000
Topics:
Architecture, Civil Engineering, Surveying
,
Geography
,
Economics
Notes:
Abstract An expense-preference model is the basis for the representation of professional management's interests and the consequent location of the firm's plant. In a linear space the model does not exclude intermedite locations, as is the case in profit-maximization models. On the basis of comparative statics analysis it is demonstrated that increasing the manager's share in the company profits induces him to choose locations closer to profit-maximizing locations. The plant's scale influences location and the plant's location influences factor proportions.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/BF02078776
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