Showing 1 - 9 of 9
Self-organization of agglomeration patterns for economic models in a two-dimensional economic space is studied from a multi-disciplinary viewpoint of new economic geography, central place theory, and bifurcation theory. Emergence of hexagonal distributions of various sizes in a homogeneous space...
Persistent link: https://www.econbiz.de/10010743941
We provide an analytical approach that facilitates understanding the bifurcation mechanism of a wide class of economic models involving spatial agglomeration of economic activities. The proposed method overcomes the limitations of the Turing (1952) approach that has been used to analyze the...
Persistent link: https://www.econbiz.de/10011051967
The progress of spatial agglomeration of Krugman's core–periphery model is investigated by comparative static analysis of stable equilibria with respect to transport costs. We set forth theoretically possible agglomeration (bifurcation) patterns for a system of cities spread uniformly on a...
Persistent link: https://www.econbiz.de/10010577442
We provide an analytical approach that facilitates understanding the bifurcation mechanism of a wide class of economic models involving spatial agglomeration of economic activities. The proposed method overcomes the limitations of the Turing (1952) approach that has been used to analyze the...
Persistent link: https://www.econbiz.de/10008541511
The orientation and progress of spatial agglomeration for Krugman's core--periphery model are investigated in this paper. Possible agglomeration patterns for a system of cities spread uniformly on a circle are set forth theoretically. For example, a possible and most likely course predicted for...
Persistent link: https://www.econbiz.de/10008685156
Persistent link: https://www.econbiz.de/10005388113
We examine an auction model where there are many different goods, each good has multiple units, and bidders have gross substitutes valuations over the goods. We analyze the number of iterations in iterative auction algorithms for the model based on the theory of discrete convex analysis. By...
Persistent link: https://www.econbiz.de/10011124369
Persistent link: https://www.econbiz.de/10005276213
We address the problem of computing a Walrasian equilibrium price in an ascending auction with gross substitutes valuations. In particular, an auction market is considered where there are multiple differentiated goods and each good may have multiple units. Although the ascending auction is known...
Persistent link: https://www.econbiz.de/10010679667