On Beckmann's Dispersed "Interaction City"

Beckmann's interaction model has each resident touching base in face-to-face activity with every other resident, per unit time, at the other's residence. We re-work his resulting "interaction city" with each resident "operating with" a Cobb-Douglas utility function. We then turn to a more satisfactory "technology" of residents interacting and solve for an interaction city with an explicit payoff to resident i for engaging in interaction.

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Year of publication:	2007-07
Authors:	Hartwick, John ; Bazhanov, Andrei
Institutions:	Economics Department, Queen's University
Subject:	Spatial interactions of city residents \| productive face-to-face activity

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 1170 23 pages
Classification:	R14 - Land Use Patterns ; D11 - Consumer Economics: Theory
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005688300