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The Role of Economic Space in Decision Making: Response

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  • Joris Pinkse

Abstract

Professor FLACHAIRE's comments are well-taken and appreciated. My response will address Professor FLACHAIRE's idea to condition on the location of each observation i. The thought of creating a model based on location rather than distance (relative location) had occurred to us. There are instances in which such a model would be preferable, but these would typically correspond to a class of applications different from ours.

Suggested Citation

  • Joris Pinkse, 2005. "The Role of Economic Space in Decision Making: Response," Annals of Economics and Statistics, GENES, issue 77, pages 33-35.
    • Handle: RePEc:adr:anecst:y:2005:i:77:p:33-35
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