Peng, Shin-Kun; Wang, Ping - In: Canadian Journal of Economics 38 (2005) 4, pp. 1224-1252
We re-examine Tiebout's hypothesis of endogenous sorting in a competitive spatial equilibrium framework, by considering both income and preference heterogeneity and by allowing agents to decide endogenously the number of visits to a `travel-for' local public good. The equilibrium configuration...