Market allocations of location choice: an example

View/ Open
Date
2003Version
Acceso abierto / Sarbide irekia
Type
Documento de trabajo / Lan gaiak
Impact
|
nodoi-noplumx
|
Abstract
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. ...
[++]
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. [--]
Serie
Documentos de Trabajo DE - ES Lan Gaiak /
0304
Departament
Universidad Pública de Navarra. Departamento de Economía /
Nafarroako Unibertsitate Publikoa. Ekonomia Saila