Ott, Ingrid (contributor); Soretz, Susanne (contributor) - 2008
integration, agglomeration is less likely to arise and concentration will be lower. Relative congestion reinforces agglomeration … whether agglomeration arises and if so to which extent economic activity is concentrated: As a consequence of enhanced …, thereby increasing equilibrium concentration. Due to the congestion externalities, the market outcome ends up in suboptimally …