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Based on a lifetime consideration, previous research has extended Frank’s graphical model with borrowing, property taxes and moving costs to analyse the welfare effects of housing appreciation and depreciation, and has shown that appreciation can make homeowners worse off, but...
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type="main" xml:lang="es" <title type="main">Resumen</title> <p>Este artículo investiga la teoría de la discriminación espacial para demandas generales y costos de transporte generales en un modelo de concentración en dos extremos (barbell), donde se supone que las ubicaciones de los mercados están en puntos totalmente...</p>
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This paper provides a simple, realistic, and very slightly modified version of the production technology in Hotelling’s (Econ J 39:41–57, <CitationRef CitationID="CR19">1929</CitationRef>) spatial model with linear transportation costs to overcome the nonexistence problem of equilibrium—decreasing returns to scale. It is shown that a...</citationref>
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