Reilly's law of retail gravitation

Also found in: Wikipedia

0.01 sec.

Proposed by William J.Reilly in 1931,it says that people in a larger city will travel farther to shop than people in a smaller city.Reilly created a formula for calculating the precise point of geographical equilibrium between two nearby trade areas—the point at which one-half of the population shops in either trade area. Its weakness is that it assumes no natural or human-made boundaries. Modern retail theory recognizes that populations will usually not cross boundaries—such as major highways,bridges,or even some streets—in order to shop on the other side,even if more convenient than perceived “local”choices.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		Financial browser	?		Full browser	?
retail gravitation			Regulation M Regulation Q Regulation S Regulation SHO Regulation T Regulation T Call Regulation T Calls Regulation U Regulation Z Regulations Regulator Regulatory accounting procedures Regulatory Arbitrage Regulatory Climate Regulatory Information Service Center Regulatory Pricing Risk Regulatory surplus regulatory taking rehab Rehabilitacion del fallido rehabilitate rehabilitation tax credit Rehypothecate Rehypothecation Reichsmark Reilly's law of retail gravitation Reimbursement Reimport Reinstatement Reinsurance Reinvested Dividends Reinvestimento Reinvestment Reinvestment Date Reinvestment Effect Reinvestment Plan Reinvestment Privilege reinvestment rate Reinvestment Risk Reinvestment Stock Reinvoicing center REIS reissue rate REIT Rejection Rekening Reklame Relacao custo-beneficio Relacao de endividamento Relacao do servico da divida Relacion de conversion			Reii Reik, Theodor Reiki Reiki Reiki Center of Greater Washington Reiki controversies Reiki controversies Reiki FAQ Reiki FAQ Reiki Healing Foundation Reiki Master Reiki Master Teacher Reiki on the Way Reiki Regulation Working Group reiki therapy Reiki tummo Reiki tummo Reikki Reikki Reiksmuseum Reiksmuseum Reil Reil's band Reil's ribbon Reillume Reilluminate Reillumination Reillumine Reilly Tar and Chemical Corporation Reilly's law Reilly's law of retail gravitation REILS REIM REIM REIM reimaging Reimann hypothesis Reimann mapping theorem Reimann space Reimann space Reimann Zeta function Reimann, Max REIMB Reimbark Reimbody Reimbrond Vainrein Reimbrond Vainrein reimbursable reimbursable reimbursable Reimbursable Budget Authority Reimbursable Cost Reimbursable Earnings Allocation Program Reimbursable Equipment Schedule reimbursable expenses Reimbursable Launch Investment reimbursable NATO military personnel Reimbursable Obligation Authority Reimbursable Work Reimbursable Work Authorization Reimbursable Work Order

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.