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Central Place Theory
Berliant, Marcus
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EconWPA
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2005
This is a short dictionary entry. Central place theory is a descriptive theory of market area in a spatial context. Its definition, history, and relation to modern microeconomic theory are provided.
Persistent link: https://www.econbiz.de/10005118994
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The Last Word on Giffen Goods?
Nachbar, John H.
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EconWPA
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1996
Giffen goods have long been a minor embarrassment to courses in microeconomic theory. The standard approach has been to dismiss Giffen goods as a theoretical curiosity without empirical content. This note points out that the underlying theory is itself seriously flawed.
Persistent link: https://www.econbiz.de/10005125678
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