Berliant, Marcus; III, Robert R. Reed; Wang, Ping - Econometric Society - 2000
, uncompensated knowledge spillovers have not yet been fully modeled with a microeconomic foundation. The main purpose of this paper … is to illustrate the creation of knowledge as well as its consequences for agglomerative activity in a general …-equilibrium search-theoretic framework. Agents, possessing differentiated types of knowledge, search for partners to exchange ideas and …