Space and value : an outlook and new perspectives
(1999) Economics Beyond the Millennium — ISBN: [9780198292111], p. 152-168, published
Files
No attached file found for this publication.
Details
- Authors
- Abstract
- The authors lament the little attention that has been accorded to the role of space in the economy. They discuss the location decisions of firms and consumers under various assumptions and show how important the introduction of a land market can be for such decisions. They conclude that no satisfactory comprehensive model that incorporate the simultaneous decisions of firms and consumers and includes capitalisation and transport costs exists. They nevertheless consider that there is a rich set of problems to be explored and which may yield such a model.
- Affiliations
Citations
Scotchmer, S., & Thisse, J.-F. (1999). Space and value : an outlook and new perspectives. In Alan P. Kirman and Louis-André Gérard-Varet (ed.), Economics Beyond the Millennium (p. p. 152-168). Oxford University Press. https://hdl.handle.net/2078.5/76178