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Spatial Interactions and Agglomeration in Urban Economies

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New Frontiers in Regional Science

Abstract

In location theory, a most challenging problem would be to determine the simultaneous location equilibrium of all agents in a given economy. More precisely, suppose that in a given location space (e.g., a nation, region or city), we have a set of agents (e.g., firms and households) that interact with each other when exchanging goods, services and/or information. Suppose further that under a given institutional framework (e.g., a competitive market mechanism), each agent can freely choose its location (and other variables) in the space. The question is, then, what is the equilibrium location pattern of all agents in the space? We may call it a general location-equilibrium problem.

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© 1990 Manas Chatterji and Robert E. Kuenne

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Fujita, M. (1990). Spatial Interactions and Agglomeration in Urban Economies. In: Chatterji, M., Kuenne, R.E. (eds) New Frontiers in Regional Science. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-10633-2_14

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