Abstract

In this paper, we propose a model of office location which deals explicitly with the role of face-to-face contacts among firms. In the model, the frequency of contacts with other firms are endogenously determined. The trade-off between communication activity and routine work is described by introducing a time constraint on working hours. Through numerical simulations, the properties of office location are demonstrated. First, the impacts of changes in model parameters on the spatial distribution of office firms are analyzed. Second, by taking account of traffic congestion on the road network as an agglomeration diseconomy, various patterns of office distribution are described.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.