Efficient Resource Allocation in a Multinucleated City
AbstractMills' programming model of efficient resource allocation in an urban area is extended to include multiple nuclei and intermediate goods. The new model is a decomposable linear program in which the primary resource value of the city plus transportation costs are minimized subject to a prescribed bill of final demands for the city and to land constraints consisting of cells in a areal grid. Shadow prices on land emerge in the dual problem.
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Bibliographic InfoPaper provided by Queen's University, Department of Economics in its series Working Papers with number 86.
Length: 29 pages
Date of creation: Apr 1972
Date of revision:
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