Dynamics in economic geography 2e druk - Ton van Rietbergen, Sierdjan Koster

5 How decisions are really made: The behavioural approach

94 94 95 97

5.1 Introduction

5.2 Bounded rationality and heuristics 5.3 Allen Pred’s behavioural matrix 5.4 Locational preferences and firm relocations 5.5 Regional images and place branding

100 106 115 117 119 119 120 127 130 136 137 137 139 145 152 157 160 161 161 162 167 175 179 180 181 182 182 183 184 185 185 188 196 200

5.6 The hunt for the creative class

5.7 Conclusion

6 Why rules matter: The institutional approach

6.1 Introduction

6.2 Institutions, the rules of the economic game 6.3 Playing by the book? Game theory

6.4 Institutions and location choice

6.5 Conclusion

7 The slow pace of change: Evolutionary economic geography

7.1 Introduction

7.2 New business activities

7.3 Boom and bust: Innovation and the theory of long economic cycles

7.4 Clustering as a result of evolutionary processes

7.5 Policy implications

7.6 Conclusion

8 Stimulating regional welfare and well-being

8.1 Introduction

8.2 Comparing regions and countries, GDP and competitiveness

8.3 What is value and welfare? 8.4 Regional economic policies

8.5 State intervention through public policy: The tools

8.6 Market organization and planning

8.7 Conclusion

9 Epilogue

9.1 Introduction

9.2 Economics and geography

9.3 Location choice and regional economic growth

9.4 Regional growth and development

9.5 Innovative and sustainable regions: Evolution of thinking

Bibliography

Index

About the authors