Market Area Analysis for Retail and Service Locations with MCI
Thomas Wieland
, The R Journal (2017) 9:1, pages 298-323.
Abstract In retail location analysis, marketing research and spatial planning, the market areas of stores and/or locations are a frequent subject. Market area analyses consist of empirical observations and modeling via theoretical and/or econometric models such as the Huff Model or the Multiplicative Competitive Interaction Model. The authors’ package MCI implements the steps of market area analysis into R with a focus on fitting the models and data preparation and processing.
Received: 2016-09-12; online 2017-05-10@article{RJ-2017-020, author = {Thomas Wieland}, title = {{Market Area Analysis for Retail and Service Locations with MCI}}, year = {2017}, journal = {{The R Journal}}, doi = {10.32614/RJ-2017-020}, url = {https://doi.org/10.32614/RJ-2017-020}, pages = {298--323}, volume = {9}, number = {1} }