Beyond General Equilibrium
Roger Vickerman
Chapter 7 in Spatial Economic Behaviour, 1980, pp 137-164 from Palgrave Macmillan
Abstract:
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.
Keywords: General Equilibrium; Linear Programming Model; Transport Sector; Household Type; Congestion Level (search for similar items in EconPapers)
Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-04384-2_7
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DOI: 10.1007/978-1-349-04384-2_7
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