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Standard spatial equilibrium activity analysis models, as developed by Takayama and Judge (1971), are based on linear supply and demand functions and fixed input-output coefficients. Such models are suitable for multiple market level trading systems where the fixed input-output coefficients are...
Persistent link: https://www.econbiz.de/10009444055
Standard spatial equilibrium activity analysis models, as developed by Takayama and Judge (1971), are based on linear supply and demand functions and fixed input-output coefficients. Such models are suitable for multiple market level trading systems where the fixed input-output coefficients are...
Persistent link: https://www.econbiz.de/10005805519
Persistent link: https://www.econbiz.de/10005805690
Game theory offers an alternative approach to standard means of resource assessment which can be of value in the definition and assessment of policy options for competing parties. Using a Nash co-operative game it has been possible in this paper to show the significance of fishing strategies for...
Persistent link: https://www.econbiz.de/10005493251
The integration of detailed farm supply models with the basic spatial equilibrium model, is outlined. The direct linking of farm linear programming models with the spatial equilibrium model is achieved so that both prices and quantities are endogenous. Both the farm model and the spatial...
Persistent link: https://www.econbiz.de/10005493397