Key Insights in ‘Space’ and Microeconomics

John R. Roy ()
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John R. Roy: Environmental, Transport and Urban Development Studies (ETUDES)

Chapter 2 in Spatial Interaction Modelling, 2004, pp 51-73 from Springer

Abstract: Abstract The classical land use models provide an excellent introduction to the role of space in microeconomics, as well as to the differences between short run price adjustments and long run locational equilibria. Two of the most significant models in this class are introduced below.

Keywords: Transport Cost; Competitive Equilibrium; Central Business District; Final Demand; Social Optimum (search for similar items in EconPapers)
Date: 2004
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DOI: 10.1007/978-3-540-24807-1_3

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