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- W203074202 abstract "This paper follows a theory of Nicosia and Hibshoosh regarding the choice by a social consumer unit who is facing conjlicting institutional norms. The paper presents a duo-centric consumer residential choice model with special disutility restriction. This restriction captures the interdependence and complementary interaction in the effects that proximities to predetermined locations of competing institution yield on the disutility function. The properties of the Oval of Cassini play a key role in the parsimonious modeling ofthis phenomenon and in the analysis. Specifically, we develop a residential consumer choice model where the consumer utility is affected by conflicting demands for activities of work and non-work institutions. The consumer unit is simultaneously attracted to two predetermined centers of work and non-work, while making its residence choice. We trace the consequences of these assumptions for optimal consumer choice of residential location, and for the size and price ofproperty, level of a composite good, the level of internal conflict, taking into account externalities generated by population growth. The study identifies a preference for settling at the edges of a region along its main corridor in a two dimensional region. It also indicates a pattern of specifically directed curved regional growth in the periphery, with lesser development in the region's center. INTRODUCTION osts of residing in the Bay Area region and commuting to work and non-work centers are high and their implications for industrial and regional planning attract close attention among planners and consumers alike. In a complex affluent society, consumers face time pressures as they attempt to perform conflicting work and non-work activities that are restricted by dictated norms of competing institutions (Hibshoosh & Nicosia (1987). The development of marketing I economic models that recognize explicitly the interactive nature of the conflicting factors in the consumer utility would be helpful in development regional policy for land use and transportation. Typically microeconomics based analytical urban economic models of residential choice and land-use adhere to the assumption of a single regional center. This center is assumed as the CBD ((Losch (1954), Burgess(l925), Alonzo ( ( 1964),(1970)), Muth (1969), Mills (1972), Chan(2001)). The distance from the CBD center to the location of the customer residence represents the traveling distance to work. Non-work activities and locations of organizations associated with institutions administering them receive only a secondary attention in these models, and subsequently in land use and transportation planning. This often leads to a distorted planning perspective that supports mass transit development and dense regional development along few central transportation corridors. This comes at the expense of a less decentralized peripheral development of highway networks and residential development (Nelson, Niles and Hibshoosh (2001)). To provide a more balanced planning perspective, spatial models of residential choice for consumers attracted to multiple centers and thus encountering transportation costs to multiple centers have been developed. This paper belongs to this stream of research. Within this stream of research, e.g, (Papageorgiou and Caseti(l971), Beckmann M.J (1976), Romanos (1977), Fujita and Ogawa (1982)), the approach to modeling the poly-center phenomena has been diversified and taken by the researchers in different directions reflecting alternate specific focus. However, we are not aware of any" @default.
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- W203074202 date "2006-01-01" @default.
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- W203074202 title "Interdependent Consumer Choice and the Oval of Cassini" @default.
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