Figueiredo, Octavio; Guimaraes, Paulo; Woodward, Douglas - Núcleo de Investigação em Microeconomia Aplicada … - 2001
In empirical location research, the probability of opening a new plant depends on the relative level of profit that can be gained based on the site’s attributes compared with all other alternatives. Many studies implicitly assume that the decision maker evaluates the potential profit with...