Berliant, Marcus; Sabarwal, Tarun - In: Regional Science and Urban Economics 38 (2008) 5, pp. 438-444
This paper presents a difference in the comparative statics of general equilibrium models with land when there are finitely many agents, and when there is a continuum of agents. Restricting attention to quasi-linear and Cobb-Douglas utility, it is shown that with finitely many agents, an...