This paper analyzes the role that economic space plays in private and public decision making. Both geographic and characteristic space are considered. The choice of spatial location, whether it be a physical location or a product position, can have significant consequences for other economic...

The notion of a fictitious-payoff function is developed in the context of a dynamic model of oligopoly. It is shown that in a certain class of games, the oligopolistic market acts as if it were maximizing a single objective function--the fictitious-payoff function. The more complex problem of...