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Market area analysis under orbital-radial routing with applications to the study of airport location

Hyman, G. and Mayhew, L. ORCID: 0000-0002-0380-1757 (2001). Market area analysis under orbital-radial routing with applications to the study of airport location. Computers, Environment and Urban Systems, 25(2), pp. 195-222. doi: 10.1016/S0198-9715(00)00029-6

Abstract

The study of market areas provides one indication of the economic and strategic value of a facility or attraction and is a commonly used tool in geographical and economic analysis. In this paper, we study a class of models for use in stereotypical urban regions with an associated orbital–radial network. The aim of the paper is to provide the theoretical and analytical tools needed to understand the shapes, size and markets of an attraction as a function of both its location and the speeds of radial and orbital access to competing attractions. As a result, we need to identify several hitherto unrecognised constructs such as eclipsing in which, due to proximity to a fast orbital road, one attraction can eliminate the market of another. We outline a facility location methodology in a case study, based on London, concerning access to airports serving the metropolis. Among other things, we identify inner and outer eclipsing envelopes for a new airports, which substantially narrows the area of search for an optimum location.

Publication Type: Article
Additional Information: © 2001, Elsevier. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/
Publisher Keywords: Market area, Orbital–radial routing, Cities, Eclipsing, Airport location
Subjects: H Social Sciences > HE Transportation and Communications
Departments: Cass Business School > Actuarial Science & Insurance
URI: http://openaccess.city.ac.uk/id/eprint/19959
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