The Gini coefficient is a well-known measure of income inequality. It corresponds to the percentage of area below the 45<InlineEquation ID="IEq1"> <EquationSource Format="TEX">$$^\circ $$</EquationSource> </InlineEquation> line that is between the 45<InlineEquation ID="IEq2"> <EquationSource Format="TEX">$$^\circ $$</EquationSource> </InlineEquation> line and the Lorenz curve on a graph of cumulative income versus cumulative population. In this paper, new...</equationsource></inlineequation></equationsource></inlineequation>

This is the second part of a two-part analysis of optimal spatial search begun in Harwitz et al. (1998). In the present article, two explicit computational procedures are developed for the optimal spatial search problem studied in Part I. The first uses reservation prices with continuous known...