Optimality of a Competitive Equilibrium in a Small Open City with Congestion

DOI10.1006/JUEC.1997.2041MaRDI QIDQ4236476zbMATH OpenOpenAlexFDO

Authors Nobuo Akai, Takashi Fukushima, Tatsuo Hatta

Publication date 10 June 1999

Published in Journal of Urban Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1006/juec.1997.2041

zbMATH Keywords

competitive equilibriumpublic transportationsmall spatial economy

Mathematics Subject Classification ID

General equilibrium theory (91B50) Spatial models in sociology (91D25)

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• Competition and nationally optimum resource allocation under the presence of urban traffic congestion
• Comparative statics analysis of a fully closed city
• Land Use and Density in Cities with Congestion

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