We present a model of spatial adjustments of economic agents across perfectly competitive locations distributed along a continuous geographical space. The evolution of the spatial economy is governed by a set of partial differential equations. We perform a local stability analysis around the uniform
โฆ LIBER โฆ
Perfect Competition in the Continuous Assignment Model
โ Scribed by Neil E. Gretsky; Joseph M. Ostroy; William R. Zame
- Book ID
- 112257943
- Publisher
- Elsevier Science
- Year
- 1999
- Tongue
- English
- Weight
- 324 KB
- Volume
- 88
- Category
- Article
- ISSN
- 0022-0531
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