The hypothesis in this paper is that the existence of retail markets may not necessarily be determined by spatial factors and increasing return in transportation (or increasing returns in retailing), but can be explained by the rational behaviour of firms operating in a stochastic environment....

This paper examines the effects of changes in information - processing technology on the efficient organizational forms of data - processing in decision - making systems. Data-processing is modelled in the framework of the dynamic parallel processing model of associative computation with an...