Spatial price equilibrium: Advances in theory, computation and application. Papers presented at the Thirty-First North American Regional Science Association Meeting held at Denver, Colorado, USA, November 1984. (English) Zbl 0568.90002

Lecture Notes in Economics and Mathematical Systems, 249. Berlin etc.: Springer-Verlag. VII, 277 p. DM 45.00 (1985).

This volume presents ten empirically oriented spatial equilibrium models. The solution concepts range from perfect competition, to noncooperative (Cournot-Nash) and cooperative equilibria. Computational aspects are discussed in every case; the papers address both theoretical and empirical issues (some discuss equilibrium concepts and solution algorithms; others investigate the impact of deregulation proposals in various industries). As such, the volume presents a rather comprehensive account of the current state of the art, and is a useful modern complement to Judge and Takayama’s pioneering work in “Spatial and Temporal Price and Allocation Models”, North Holland (1971).

Reviewer: P.J.Deschamps

MSC:

91B66	Multisectoral models in economics
91B72	Spatial models in economics
91-06	Proceedings, conferences, collections, etc. pertaining to game theory, economics, and finance
00Bxx	Conference proceedings and collections of articles

Keywords:

Spatial price equilibrium; Meeting; Denver/Colorado; empirically oriented spatial equilibrium models; perfect competition; noncooperative; Computational aspects