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On existence and stability of spatial equilibria and steady-states |
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| Authors: | Victor Ginsburgh Yorgo Papageorgiou Jacques-François Thisse |
| Institution: | Université Libre de Bruxelles, 1050 Brussels, Belgium;CORE, Université Catholique de Louvain, 1348 Louvain-la-Neuve, Belgium;McMaster University, Hamilton, Ont., Canada L85 4L8;CORE, Université Catholique de Louvain, 1348 Louvain-la-Neuve, Belgium |
| Abstract: | This note discusses the existence and stability of two equilibrium concepts for a spatial economy in which the utility of an agent depends on the overall distribution of agents over space. |
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