This paper presents a model of competition between operators on urban local bus routes in which passengers always board the first bus to arrive, and it is costly to revise timetables. The model predicts that timetables are unstable, the operator whose bus was boarded by fewest passengers is the...

This paper discusses the problem, implied by Arrow’s fundamental paradox of information, of how to make money from news. To earn money from important news, news traders need to tell the potential buyer what it is, yet once they have revealed it, the buyer no longer needs to pay. This paper...

This paper explores the location of industry in pre-World-War-I Britain using a model that takes account both of factor endowment and also of new economic geography influences. Broadly speaking, the pattern of industrial location in this period was quite persistent and regional specialization...

In this article I construct a general equilibrium urban model with cyberspace and physical space. In cyberspace, there is a virtual production sector and it produces virtual goods. On the other hand, in physical space, a physical production sector is located in the CBD and it produces physical...

The article explores joint consumption equilibrium environments. It illustrates network formation through one-to-one directional synapses. Family (couple) arrangements, spontaneously generated under a decentralized general equilibrium price system are suggested - involving link and...

This paper describes the application of multi-agent systems for improving the transport networks. The growth of international traffic has created new problems in managing the passengers flow. Complex systems are needed to improve the management of transport companies that require new ways for...

French Abstract: Le manque d’infrastructures de qualité en Afrique est largement reconnu dans la littérature, et ce déficit contraint sévèrement la compétitivité et l’intégration régionale dans le continent. Malgré une augmentation régulière des investissements infrastructurels...

The Telecommunications Act of 1996 has yielded more litigation and less local competition than its supporters expected or intended. Calls for its reform are multiplying. The article diagnoses the 1996 Act's failings and prescribes a framework for reform. The successful deregulations of the...