Loading…

On the Efficiency and Optimality of Spatially Structured Personal Information Fields, with Some Implications for Heterogeneous Social Aggregates

A two-period expected utility model, which implies that individuals choose an optimal spatial information field from a relatively small set of efficient fields, is analyzed to determine the spatial structure of long-term individual information fields. Implications of the results include lower averag...

Full description

Saved in:
Bibliographic Details
Published in:Geographical analysis 1980-01, Vol.12 (1), p.1-20
Main Author: Smith, Terence R.
Format: Article
Language:English
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:A two-period expected utility model, which implies that individuals choose an optimal spatial information field from a relatively small set of efficient fields, is analyzed to determine the spatial structure of long-term individual information fields. Implications of the results include lower average mobility in heterogeneous populations than in "equivalent" homogeneous populations, duration-of-stay effects, and efficiency effects for message dispersal systems.
ISSN:0016-7363
1538-4632
DOI:10.1111/j.1538-4632.1980.tb00014.x