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Optimal city hierarchy: A dynamic programming approach to central place theory

Hsu, Wen-Tai; Holmes, Thomas J.; Morgan, Frank - In: Journal of Economic Theory 154 (2014) C, pp. 245-273

Central place theory is a key building block of economic geography and an empirically plausible description of city systems. This paper provides a rationale for central place theory via a dynamic programming formulation of the social planner's problem of city hierarchy. We show that there must...

Persistent link: https://www.econbiz.de/10011076663

When Are Nonanonymous Players Negligible?

Fudenberg, Drew; Levine, David; Pesendorfer, Wolfgang - In: Journal of Economic Theory 79 (1998) 1, pp. 46-71

Persistent link: https://www.econbiz.de/10005112282

Subgame-perfect equilibria of finite- and infinite-horizon games,

Fudenberg, Drew; Levine, David - In: Journal of Economic Theory 31 (1983) 2, pp. 251-268

Persistent link: https://www.econbiz.de/10005112470

Limit games and limit equilibria

Fudenberg, Drew; Levine, David - In: Journal of Economic Theory 38 (1986) 2, pp. 261-279

Persistent link: https://www.econbiz.de/10005117586

The Nash-threats folk theorem with communication and approximate common knowledge in two player games

Fudenberg, Drew; Levine, David K. - In: Journal of Economic Theory 132 (2007) 1, pp. 461-473

Persistent link: https://www.econbiz.de/10005146097

An approximate folk theorem with imperfect private information

Fudenberg, Drew; Levine, David K. - In: Journal of Economic Theory 54 (1991) 1, pp. 26-47

Persistent link: https://www.econbiz.de/10005146126

Reputation with Noisy Precommitment

Levine, David K.; Martinelli, Cesar - In: Journal of Economic Theory 78 (1998) 1, pp. 55-75

Persistent link: https://www.econbiz.de/10005146292

Evolution and Information in a Gift-Giving Game

Johnson, Philip; Levine, David K.; Pesendorfer, Wolfgang - In: Journal of Economic Theory 100 (2001) 1, pp. 1-21

Persistent link: https://www.econbiz.de/10005153318

Open-loop and closed-loop equilibria in dynamic games with many players

Fudenberg, Drew; Levine, David K. - In: Journal of Economic Theory 44 (1988) 1, pp. 1-18

Persistent link: https://www.econbiz.de/10005153373

Lotteries, Sunspots, and Incentive Constraints

Kehoe, Timothy J.; Levine, David K.; Prescott, Edward C. - In: Journal of Economic Theory 107 (2002) 1, pp. 39-69

Persistent link: https://www.econbiz.de/10005153416