Macro and Micro Spatial Equilibrium Report as inadecuate




Macro and Micro Spatial Equilibrium - Download this document for free, or read online. Document in PDF available to download.

Abstract

These pages briefly mention the assumption of indifference between residing in different locations which is embodied in spatial equilibrium. Sometimes, for a person, a pure indifference may result, namely gains and costs monetary or not are entirely compensated among locations; but sometimes not, and decisions are made on the basis of an overall gain, which implies that locations are not so indifferent for a specific person, even if they appear in equilibrium from a theoretical point of view. The reasoning ends by proposing the Macro Spatial Equilibrium and the Micro or Subjective Spatial Equilibrium.



Item Type: MPRA Paper -

Original Title: Macro and Micro Spatial Equilibrium-

Language: English-

Keywords: Cities, Spatial Equilibrium, Urban Economics, Personal Isobenefit Lines, Property Value, Location Decisions, Subjective Spatial Equilibrium.-

Subjects: A - General Economics and Teaching > A1 - General Economics > A10 - GeneralA - General Economics and Teaching > A1 - General Economics > A12 - Relation of Economics to Other DisciplinesA - General Economics and Teaching > A1 - General Economics > A14 - Sociology of EconomicsD - Microeconomics > D1 - Household Behavior and Family EconomicsR - Urban, Rural, Regional, Real Estate, and Transportation Economics > R0 - General-





Author: D-Acci, Luca

Source: https://mpra.ub.uni-muenchen.de/48984/







Related documents