Space and Competition: A Puzzle
AbstractThe authors review the argument that incorporating space in economic models has two important consequences: first, the hypothesis of perfect competition becomes untenable, and second, the distinction between private and public goods becomes blurred. They summarize recent work pointing to alternative incentive systems that might lead to efficient location decisions and pricing policies.
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Bibliographic InfoArticle provided by Springer in its journal Annals of Regional Science.
Volume (Year): 26 (1992)
Issue (Month): 3 (September)
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