On Beckmann's Dispersed "Interaction City"
AbstractBeckmann's interaction model has each resident touching base in face-to-face activity with every other resident, per unit time, at the other's residence. We re-work his resulting "interaction city" with each resident "operating with" a Cobb-Douglas utility function. We then turn to a more satisfactory "technology" of residents interacting and solve for an interaction city with an explicit payoff to resident i for engaging in interaction.
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Bibliographic InfoPaper provided by Queen's University, Department of Economics in its series Working Papers with number 1170.
Length: 23 pages
Date of creation: Jul 2007
Date of revision:
Spatial interactions of city residents; productive face-to-face activity;
Find related papers by JEL classification:
- R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
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