This paper examines the stmcture, function and role of local business associations in home based business development within an urban region. Casey local government area (LOA), Victoria, is the focus, where nine local business associations in the area (as well as the local council) are evaluated...

We compare equilibrium allocations in directed search models where prices are determinedalternatively by posting and by competing auctions, with the following results. With finite numbersof players, sellers’ expected payoffs are higher when all sellers auction than when all sellers post.This...