Econometrica Vol. 58 No. 5 1990
On the Optimality of Central Places
Abstract
Using the Eaton and Lipsey mode, one shows that a hierarchical system of central places is socially optimal: firms having less frequent purchases are clustered with firms having more frequent purchases in any configuration minimizing total transport and production costs
- DOI
- 10.2307/2938302
- Volume
- 58
- Issue
- 5
- Pages
- 1101
- Sources
- bibtex:phds-export.bib openalex crossref