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Market allocations of location choice: An example

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Author Info
Josemari Aizpurua () (Departamento de Economía-UPNA)
Juan Miguel Benito () (Departamento de Economía-UPNA)
Javier Puértolas () (Departamento de Economía-UPNA)
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.

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File URL: ftp://ftp.econ.unavarra.es/pub/DocumentosTrab/DT0304.PDF
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Publisher Info
Paper provided by Departamento de Economía - Universidad Pública de Navarra in its series Documentos de Trabajo - Lan Gaiak Departamento de Economía - Universidad Pública de Navarra with number 0304.

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Length: 14 pages
Date of creation: 2003
Date of revision:
Publication status: Published in
Handle: RePEc:nav:ecupna:0304

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  1. Tjalling C. Koopmans & Martin J. Beckmann, 1955. "Assignment Problems and the Location of Economic Activities," Cowles Foundation Discussion Papers 4, Cowles Foundation, Yale University. [Downloadable!]
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This page was last updated on 2009-11-27.

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