Berliant, Marcus; III, Robert R. Reed; Wang, Ping - EconWPA - 2005
, uncompensated knowledge spillovers have not yet been fully modeled with a microeconomic foundation. This paper illustrates the … exchange of knowledge as well as its consequences for agglomerative activity in a general-equilibrium search …-theoretic framework. Agents, possessing differentiated types of knowledge, search for partners to exchange ideas in order to improve …