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On Beckmann’s Dispersed "Interaction City"

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  • Hartwick, John
  • Bazhanov, Andrei

Abstract

Beckmanns interaction model has each resident touching base in face- to-face activity with every other resident, per unit time, at the others residence. We re-work his resulting interaction citywith each resident operating witha Cobb- Douglas utility function. We then turn to a more satisfactory technologyof residents interacting and solve for an interaction city with an explicit payo¤ to resident i for engaging in interaction.

Suggested Citation

  • Hartwick, John & Bazhanov, Andrei, 2007. "On Beckmann’s Dispersed "Interaction City"," Queen's Economics Department Working Papers 273646, Queen's University - Department of Economics.
    • Handle: RePEc:ags:quedwp:273646
    DOI: 10.22004/ag.econ.273646
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    References listed on IDEAS

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