Publisher's Synopsis
Micro economic assess the influence on location choices and growth performance consumption prediction.Some economists indicate idea that seen central to the development of regional science at large and to economic geography and international trade theory. In this terms of economies of specialization increase returns to scale and in the case of regional science and economic geography, economies of localization and urbanization.The questions concern: Can choose the best business location to attract consumption growth performance? Does the best destination attract consumption growth?" Two cities attract trade from an intermediate town in the vicinity of the breaking point, approximately in direct proportion to the population of the two cities, and in inverse proportion to the squares of the distances of the intermediate town" ( Reggiani, 1998).It implies some economists believe that geographic location choice factor can influence consumption growth. It is possible due to the location has many people are living. So, it brings many business chance, or the location is one the country's main in economic development location, it can attract many travelers choose to go to the location to travel. So, it has many travelling clients to prefer to consumer.However, a smaller region can still attract consumption growth, if it had good transportation system. For example, a small region may not have its own university, but inhabitants may still have access to higher education. Elsewhere accessibility measures are also need in activity location models, where access ability is the way through which the quality of the transport system influences the land use.So, it seems although the regional land is small size and far from cities, but if it can have good transportation system to provide any people to travel the small size regional land from outside cities. It is possible to bring consumption growth. However, some economists believe that distance influence relations in economics and economic geography in two ways: first, natural resources are distributed unevenly across space and second, distance separates various activities from each other. They apply " law of demand" to support their reasons.In regional sciences, accessibility plays an important role for analyzing the distribution of economic cities and regional development. Within regional science, the attempt to predict and explain the distribution of economic activity has become known as economic geography. Research in economic geography attempt to answer the question: What forces cause geographic behavioral consumption? Some economists support the production function and into the interaction between transportation cost and plant level scale economies, this geographical factor will bring much geographical behavioral consumption. For example, accessibility of population is an indicator of market size for suppliers of products and services, whereas successful ability to GDP could be an indicator of the market size for suppliers of high level business services ( Spiekermannn and Wegener, 2007).However, (AI) machine learning will have this risk who manufacturers need to concern if they applied this technology to predict consumer behavior. It is on sample consumers' privacy issue, in order to avoid complaint chance occurrence. However, machine learning can tie this data together to identify which f the billions of devices are being used by individual consumers. This helps brands understand how consumer engagement and actions can be attributed to different messages in different contexts and at different time. So, machine learning can help brands to build confidence to promote their products by any advertisement channels. When, this new (AI) machine learning technology can conclude how to design their products to be the most attractive, due to it has more accurate to predict consumer behaviors to compare human themselves prediction judgement effort.
