Spatial Interactions and Agglomeration in Urban Economies

  title={Spatial Interactions and Agglomeration in Urban Economies},
  author={Masahisa Kyoto-shi Fujita},
In location theory, a most challenging problem would be to determine the simultaneous location equilibrium of all agents in a given economy. More precisely, suppose that in a given location space (e.g., a nation, region or city), we have a set of agents (e.g., firms and households) that interact with each other when exchanging goods, services and/or information. Suppose further that under a given institutional framework (e.g., a competitive market mechanism), each agent can freely choose its… CONTINUE READING