Endogenous formation of a city without agglomerative externalities or marketimperfections: marketplaces in a regional economy

Article Abstract:

A general equilibrium model describing the development of acity without agglomerative externalities or market imperfections is developed and analyzed. The model imposes interregional transactions costs and redefines the social optimum concept. It is shown that such a set-up generates a unitary central business district. In addition, the absence of trust in the economy mayyield a standard monocentric city.

author: Berliant, Marcus, Wang, Ping
Economic aspects, Markets (Economics), Regional economics, Central business districts

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA

The endogenous formation of a city: population agglomeration and marketplaces in a location-specific production economy

Article Abstract:

A model of the role of marketplaces or trading centres in the agglomeration of population as cities is presented. It is demonstrated that gains to trade, location-specific production and the setup expenses of marketplaces and a mass transportation system can be used to produce agglomeration and city formation.

author: Berliant, Marcus, Konishi, Hideo
Models, Population transfers

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA

Welfare analysis of the number and locations of local public facilities

Article Abstract:

A model for establishing optimum number of local public facilities such as bus shelters, rest rooms etc. by calculating the population, usage and cost is presented.

author: Berliant, Marcus, Wang, Ping, Peng, Shin-Kun
United States, Organizational history, Science & research, Management dynamics, Management, Location, Company business management, Public accommodations

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


subjects list: Research
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.