The thesis has a dual focus. It criticises the theory of decision-making inherent
in orthodox neo-classical economics, and defines and develops a subjectivist
approach to decision-making. Problems of industrial location are used to
exemplify the shortcomings of neoclassical economics. A subjectivist approach
to industrial location decisions overturns the traditional explanation of a firm's location by showing that economic considerations may relatively unimportant when people formulate investment plans. [Abbreviated Abstract. Open document to view full version
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