Helsley, Robert W.; Strange, William C. - In: Canadian Journal of Economics 30 (1997) 2, pp. 329-48
This paper considers the role of developers in the formation of cities. Existing treatment of the location of economic activity between cities either ignore developers entirely (e.g. Stiglitz 1977) or endow them with limitless power (e.g., Henderson 1988). Reality lies somewhere in between; most...