On the continuum approach of spatial and some local public goods or product differentiation models: Some problems (Q1181225)
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scientific article; zbMATH DE number 27999
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | On the continuum approach of spatial and some local public goods or product differentiation models: Some problems |
scientific article; zbMATH DE number 27999 |
Statements
On the continuum approach of spatial and some local public goods or product differentiation models: Some problems (English)
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27 June 1992
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The paper relates to a fundamental problem in theoretical spatial economics having a mathematical representation to which topologies specifications are not irrelevant. Aspects are the existence or not (in one specification or another: with a continuum of agents or not) of an equilibrium, the locational dependency of utilities, the introduction of transportation costs, the welfare implications. The authors postulate the fundamental qualitative difference of alternative specifications in theoretical spatial economics.
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continuum of agents
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transportation costs
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welfare implications
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