Title : ( Design an urban spatial economy model with trading posts )
Authors: Barat Ali Khakpoor , ALIREZA BIDKHORI , Amirali Kharazmi ,
Full TextAbstract
this paper develops a framework in which exchange takes place at pairwise markets in a monetary economy with locations. in the economy there are several towns, each of which has pairwise markets characterized by trading posts. at each trading post taking prices as given, agents submit commodities simultaneously wth no resale as apposed to an instantaneous this setting, we demonstrate that a trading center emerges in equilibrium if, and only if, heterogeneity in transportation costs among towns is large enough.
Keywords
, urban, spatial economy, trading post, exchange
@article{paperid:1054873,
author = {Khakpoor, Barat Ali and BIDKHORI, ALIREZA and Kharazmi, Amirali},
title = {Design an urban spatial economy model with trading posts},
journal = {International Journal of Advanced Studies in Humanities and Social Science},
year = {2013},
volume = {1},
number = {7},
month = {July},
issn = {2345-2749},
pages = {215--224},
numpages = {9},
keywords = {urban- spatial economy- trading post- exchange},
}
%0 Journal Article
%T Design an urban spatial economy model with trading posts
%A Khakpoor, Barat Ali
%A BIDKHORI, ALIREZA
%A Kharazmi, Amirali
%J International Journal of Advanced Studies in Humanities and Social Science
%@ 2345-2749
%D 2013
