Phil Spencer Phil Spencer Philip John Edward Spencer "Phil" Spencer (born 11 December 1969) is a British media personality, television presenter and journalist, best known as the co-presenter of Channel 4 property show "Location, Location, Location" along with its spin-off "Relocation, Relocation" between 2004 and 2011 alongside Kirstie Allsopp. In 2011, Phil presented the holiday programme "Vacation, Vacation, Vacation", but since 2012 has hosted property show, "" and Love It Or List It for Channel 4. Spencer was educated at Uppingham School, a co-educational independent school in the small market town of Uppingham, Rutland, in the Midlands, where he was Head Boy.
Location model Location model A location (spatial) model refers to any monopolistic competition model in economics that demonstrates consumer preference for particular brands of goods and their locations. Examples of location models include Hotelling’s Location Model, Salop’s Circle Model, and hybrid variations. In traditional economic models, consumers display preference given the constraints of a product characteristic space. Consumers perceive certain brands with common characteristics to be close substitutes, and differentiate these products from their unique characteristics. For example, there are many brands of chocolate with nuts and others without them. Hence, the chocolate with nuts is a constraint of its product characteristic