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Beyond General Equilibrium

In: Spatial Economic Behaviour

Author

Listed:
  • R. W. Vickerman

    (The University of Kent)

Abstract

We have been critical of general equilibrium approaches to the urban system on two grounds — the problems of handling continuous variables simultaneously in both space and time dimensions, and the relevance of a dynamic path based on sequences of temporary equilibria. In this chapter we outline some operational alternatives to the general equilibrium approach and discuss their relevance to our primary aim of understanding and evaluating economic behaviour in a spatial economy.

Suggested Citation

  • R. W. Vickerman, 1980. "Beyond General Equilibrium," Palgrave Macmillan Books, in: Spatial Economic Behaviour, chapter 7, pages 137-164, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-04384-2_7
    DOI: 10.1007/978-1-349-04384-2_7
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