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Intermediate Accounting (Book).
Reviews the book "Intermediate Accounting," by Paul B.W. Miller, D. Gerald Searfoss and Kenneth A. Smith.
An Insight Into Auditing: A Multidimensional Approach (Book).
Reviews the book "An Insight Into Auditing: A Multidimensional Approach," by B.K. Basu.
Forensic Accounting: The Accountant as Expert Witness (Book).
Reviews the book "Forensic Accounting: The Accountant as Expert Witness," by Francis C. Dykeman.
The Political Economics of International Bank Lending.
Relative Prices, Concentration, and Money Growth
The Price-Adjustment Process for Rental Housing and the Natural Vacancy Rate
Consumer Demand and Household Production: The Relationship Between Fertility and Child Mortality
Raising Rivals' Costs
Agglomeration as Local Instability of Spatially Uniform Steady-States
Humans exhibit a fundamental propensity to interact for social, cultural, technological, and other reasons. In this paper we seek to determine when the propensity to interact, expressed in the form of a spatial externality, becomes strong enough to induce agglomeration. We design an abstract world where the only possible reason for agglomeration is the spatial externality. In this world the uniform population distribution is a steady-state. Then to ask under what circumstances does a spatial externality induce agglomeration is to ask under what circumstances does it induce an instability of the steady-state: anything other than a uniform steady-state implies some agglomeration.