Spatial Economics: Density, Potential and Flow (Studies in Regional Science and Urban Economics)

By Unknown Author.

Spatial Economics: Density, Potential and Flow (Studies in Regional Science and Urban Economics)

Description

The purpose of this monograph is to reintroduce the two-dimensional continuum as the natural spatial setting of economic activities and to exploit the idea for all its worth. Interaction between agents is viewed as flows of commodities or persons. Flows are generated by production and consumption activities representing sources and sinks of a flow field. The direction of flow is oriented by cost minimization and/or profit or utility maximization. Neoclassical economics is thus wedded to the hydrodynamics of flow fields. This approach may be viewed as a generalization of von Thunen's in...

ISBN(s)

0444877711, 9780444877710

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