Of Hype and Hyperbolas: Introducing the New Economic Geography.

Reviewing The Spatial Economy by Fujita, Krugman, and Venables, this paper argues that the key contribution of the new economic geography is a framework in which standard building blocks of mainstream economics (especially rational decision making and simple general equilibrium models) are used to m...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir:	Neary, J
Formáid:	Journal article
Teanga:	English
Foilsithe / Cruthaithe:	2001

Cur síos
Achoimre:	Reviewing The Spatial Economy by Fujita, Krugman, and Venables, this paper argues that the key contribution of the new economic geography is a framework in which standard building blocks of mainstream economics (especially rational decision making and simple general equilibrium models) are used to model the trade-off between dispersal and agglomeration. The approach thus gives a choice-theoretic basis for a "propensity to agglomerate."

Of Hype and Hyperbolas: Introducing the New Economic Geography.

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