The Role of Economic Space in Decision Making: Comment (2)

Patrick Waelbroek

Annals of Economics and Statistics, 2005, issue 77, 29-31

Abstract: My discussion focuses on the contributions, challenges and limits of the methodology proposed by Margaret S. and her co-authors. The article makes two points. The first point is conceptual: distance between economic agents and distance between product characteristics influence economic devisions. The second point is methodological: Margaret SLADE proposes a flexible econometric tool to take "distance" into account in applied industrial organization problems.

Date: 2005
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