Space and Competition: A Puzzle.

The authors review the argument that incorporating space in economic models has two important consequences: first, the hypothesis of perfect competition becomes untenable, and second, the distinction between private and public goods becomes blurred. They summarize recent work pointing to alternative incentive systems that might lead to efficient location decisions and pricing policies.

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Year of publication:	1992
Authors:	Scotchmer, Suzanne ; Thisse, Jacques-Francois
Published in:	The Annals of Regional Science. - Western Regional Science Association - WRSA. - Vol. 26.1992, 3, p. 269-86
Publisher:	Western Regional Science Association - WRSA

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005391322