Benito Ostolaza, Juan Miguel

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Benito Ostolaza

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Juan Miguel

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Economía

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INARBE. Institute for Advanced Research in Business and Economics

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  • PublicationOpen Access
    Market allocations of location choice: an example
    (2003) Aizpurua Agirre, José María; Benito Ostolaza, Juan Miguel; Puértolas Sagardoy, Javier; Economía; Ekonomia
    The purpose of this paper is to make an example which, first, illustrates Starret’s Spatial Imposibility Theorem, when agents have free mobility; and second, allowes us to get a competitive equilibrium with transportation when agents move only if there is a noticeable difference in utilities that justifies the change of location.