메뉴 건너뛰기




Volumn 39, Issue 6, 2009, Pages 696-713

Agglomeration under forward-looking expectations: Potentials and global stability

Author keywords

Agglomeration; Economic geography; Equilibrium selection; History versus expectations; Perfect foresight dynamics; Potential game; Stability

Indexed keywords

AGGLOMERATION; ECONOMIC GEOGRAPHY; MODEL; POLITICAL ECONOMY; TRADE POLICY;

EID: 70349810953     PISSN: 01660462     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.regsciurbeco.2009.07.001     Document Type: Article
Times cited : (30)

References (75)
  • 1
    • 33748133454 scopus 로고    scopus 로고
    • On the stable equilibrium points of gradient systems
    • Absil P.-A., and Kurdyka K. On the stable equilibrium points of gradient systems. Systems and Control Letters 55 (2006) 573-577
    • (2006) Systems and Control Letters , vol.55 , pp. 573-577
    • Absil, P.-A.1    Kurdyka, K.2
  • 3
    • 0035116053 scopus 로고    scopus 로고
    • Core-periphery model with forward-looking expectations
    • Baldwin R.E. Core-periphery model with forward-looking expectations. Regional Science and Urban Economics 31 (2001) 21-49
    • (2001) Regional Science and Urban Economics , vol.31 , pp. 21-49
    • Baldwin, R.E.1
  • 6
  • 9
  • 10
    • 43949168352 scopus 로고
    • The statistical mechanics of strategic interaction
    • Blume L.E. The statistical mechanics of strategic interaction. Games and Economic Behavior 5 (1993) 387-424
    • (1993) Games and Economic Behavior , vol.5 , pp. 387-424
    • Blume, L.E.1
  • 11
  • 12
    • 48749143178 scopus 로고
    • Staggered prices in a utility-maximizing framework
    • Calvo G.A. Staggered prices in a utility-maximizing framework. Journal of Monetary Economics 12 (1983) 383-398
    • (1983) Journal of Monetary Economics , vol.12 , pp. 383-398
    • Calvo, G.A.1
  • 13
    • 84936527118 scopus 로고
    • Rational expectations business cycles in search equilibrium
    • Diamond P., and Fudenberg D. Rational expectations business cycles in search equilibrium. Journal of Political Economy 97 (1989) 606-619
    • (1989) Journal of Political Economy , vol.97 , pp. 606-619
    • Diamond, P.1    Fudenberg, D.2
  • 14
    • 0000448037 scopus 로고
    • Monopolistic competition and optimal product diversity
    • Dixit A.K., and Stiglitz J.E. Monopolistic competition and optimal product diversity. American Economic Review 67 (1977) 297-308
    • (1977) American Economic Review , vol.67 , pp. 297-308
    • Dixit, A.K.1    Stiglitz, J.E.2
  • 17
    • 59349119416 scopus 로고    scopus 로고
    • New economic geography: an appraisal on the occasion of Paul Krugman's 2008 Nobel Prize in Economic Sciences
    • Fujita M., and Thisse J.-F. New economic geography: an appraisal on the occasion of Paul Krugman's 2008 Nobel Prize in Economic Sciences. Regional Science and Urban Economics 39 (2009) 109-119
    • (2009) Regional Science and Urban Economics , vol.39 , pp. 109-119
    • Fujita, M.1    Thisse, J.-F.2
  • 20
    • 0000730470 scopus 로고
    • Social stability and equilibrium
    • Gilboa I., and Matsui A. Social stability and equilibrium. Econometrica 59 (1991) 859-867
    • (1991) Econometrica , vol.59 , pp. 859-867
    • Gilboa, I.1    Matsui, A.2
  • 23
    • 0002697842 scopus 로고    scopus 로고
    • From Nash and Brown to Maynard Smith: equilibria, dynamics and ESS
    • Hofbauer J. From Nash and Brown to Maynard Smith: equilibria, dynamics and ESS. Selection 1 (2000) 81-88
    • (2000) Selection , vol.1 , pp. 81-88
    • Hofbauer, J.1
  • 26
    • 0012285320 scopus 로고    scopus 로고
    • Perfect foresight and equilibrium selection in symmetric potential games
    • Hofbauer J., and Sorger G. Perfect foresight and equilibrium selection in symmetric potential games. Journal of Economic Theory 85 (1999) 1-23
    • (1999) Journal of Economic Theory , vol.85 , pp. 1-23
    • Hofbauer, J.1    Sorger, G.2
  • 27
    • 0012228390 scopus 로고    scopus 로고
    • A differential game approach to evolutionary equilibrium selection
    • Hofbauer J., and Sorger G. A differential game approach to evolutionary equilibrium selection. International Game Theory Review 4 (2002) 17-31
    • (2002) International Game Theory Review , vol.4 , pp. 17-31
    • Hofbauer, J.1    Sorger, G.2
  • 28
    • 0002127719 scopus 로고    scopus 로고
    • Learning, matching, and aggregation
    • Hopkins E. Learning, matching, and aggregation. Games and Economic Behavior 26 (1999) 79-110
    • (1999) Games and Economic Behavior , vol.26 , pp. 79-110
    • Hopkins, E.1
  • 29
    • 51549118062 scopus 로고    scopus 로고
    • Ex-post implementation and preference aggregation via potentials
    • Jehiel P., Meyer-ter-Vehn M., and Moldovanu B. Ex-post implementation and preference aggregation via potentials. Economic Theory 37 (2008) 469-490
    • (2008) Economic Theory , vol.37 , pp. 469-490
    • Jehiel, P.1    Meyer-ter-Vehn, M.2    Moldovanu, B.3
  • 30
    • 0041625783 scopus 로고    scopus 로고
    • Policy designs in a dynamic model of infant industry protection
    • Kaneda M. Policy designs in a dynamic model of infant industry protection. Journal of Development Economics 72 (2003) 91-115
    • (2003) Journal of Development Economics , vol.72 , pp. 91-115
    • Kaneda, M.1
  • 31
    • 34548495689 scopus 로고
    • A contribution to the pure theory of money
    • Kiyotaki N., and Wright R. A contribution to the pure theory of money. Journal of Economic Theory 53 (1991) 215-235
    • (1991) Journal of Economic Theory , vol.53 , pp. 215-235
    • Kiyotaki, N.1    Wright, R.2
  • 32
    • 0026340197 scopus 로고
    • Increasing returns and economic geography
    • Krugman P. Increasing returns and economic geography. Journal of Political Economy 99 (1991) 483-499
    • (1991) Journal of Political Economy , vol.99 , pp. 483-499
    • Krugman, P.1
  • 34
    • 63349111224 scopus 로고    scopus 로고
    • The core-periphery model with asymmetric inter-regional and intra-regional trade costs
    • Leite V., Castro S.B.S.D., and Correia-da-Silva J. The core-periphery model with asymmetric inter-regional and intra-regional trade costs. Portuguese Economic Journal 8 (2009) 37-44
    • (2009) Portuguese Economic Journal , vol.8 , pp. 37-44
    • Leite, V.1    Castro, S.B.S.D.2    Correia-da-Silva, J.3
  • 37
    • 0006478811 scopus 로고
    • Trade effects of regional aid
    • Baldwin R.E., Haapararanta P., and Kiander J. (Eds), Cambridge University Press, Cambridge
    • Martin P., and Rogers C.A. Trade effects of regional aid. In: Baldwin R.E., Haapararanta P., and Kiander J. (Eds). Expanding Membership of the European Union (1995), Cambridge University Press, Cambridge
    • (1995) Expanding Membership of the European Union
    • Martin, P.1    Rogers, C.A.2
  • 38
    • 0001144419 scopus 로고
    • Best response dynamics and socially stable strategies
    • Matsui A. Best response dynamics and socially stable strategies. Journal of Economic Theory 57 (1992) 343-362
    • (1992) Journal of Economic Theory , vol.57 , pp. 343-362
    • Matsui, A.1
  • 41
    • 0000296331 scopus 로고
    • Increasing returns, industrialization, and indeterminacy of equilibrium
    • Matsuyama K. Increasing returns, industrialization, and indeterminacy of equilibrium. Quarterly Journal of Economics 106 (1991) 617-650
    • (1991) Quarterly Journal of Economics , vol.106 , pp. 617-650
    • Matsuyama, K.1
  • 42
    • 84963032946 scopus 로고
    • A simple model of sectoral adjustment
    • Matsuyama K. A simple model of sectoral adjustment. Review of Economic Studies 59 (1992) 375-388
    • (1992) Review of Economic Studies , vol.59 , pp. 375-388
    • Matsuyama, K.1
  • 45
    • 0242583203 scopus 로고    scopus 로고
    • The impact of trade on intra-industry reallocations and aggregate industry productivity
    • Melitz M.J. The impact of trade on intra-industry reallocations and aggregate industry productivity. Econometrica 71 (2003) 1695-1725
    • (2003) Econometrica , vol.71 , pp. 1695-1725
    • Melitz, M.J.1
  • 46
    • 28244433505 scopus 로고    scopus 로고
    • Optimal capital structure and industry dynamics
    • Miao J. Optimal capital structure and industry dynamics. Journal of Finance 60 (2005) 2621-2659
    • (2005) Journal of Finance , vol.60 , pp. 2621-2659
    • Miao, J.1
  • 49
    • 0001303693 scopus 로고
    • Dynamic adjustment in the Heckscher-Ohlin-Samuelson model
    • Mussa M. Dynamic adjustment in the Heckscher-Ohlin-Samuelson model. Journal of Political Economy 86 (1978) 775-791
    • (1978) Journal of Political Economy , vol.86 , pp. 775-791
    • Mussa, M.1
  • 51
    • 84980122450 scopus 로고
    • Welfare economics and existence of an equilibrium for a competitive economy
    • Negishi T. Welfare economics and existence of an equilibrium for a competitive economy. Metroeconomica 12 (1960) 92-97
    • (1960) Metroeconomica , vol.12 , pp. 92-97
    • Negishi, T.1
  • 52
    • 0035112459 scopus 로고    scopus 로고
    • Monopolistic competition, trade, and endogenous spatial fluctuations
    • Ottaviano G.I.P. Monopolistic competition, trade, and endogenous spatial fluctuations. Regional Science and Urban Economics 31 (2001) 51-77
    • (2001) Regional Science and Urban Economics , vol.31 , pp. 51-77
    • Ottaviano, G.I.P.1
  • 53
    • 0036930920 scopus 로고    scopus 로고
    • p-Dominance and equilibrium selection under perfect foresight dynamics
    • Oyama D. p-Dominance and equilibrium selection under perfect foresight dynamics. Journal of Economic Theory 107 (2002) 288-310
    • (2002) Journal of Economic Theory , vol.107 , pp. 288-310
    • Oyama, D.1
  • 54
    • 56949087449 scopus 로고    scopus 로고
    • History versus expectations in economic geography reconsidered
    • Oyama D. History versus expectations in economic geography reconsidered. Journal of Economic Dynamics and Control 33 (2009) 394-408
    • (2009) Journal of Economic Dynamics and Control , vol.33 , pp. 394-408
    • Oyama, D.1
  • 55
    • 67649366093 scopus 로고    scopus 로고
    • Iterated potential and robustness of equilibria
    • Oyama D., and Tercieux O. Iterated potential and robustness of equilibria. Journal of Economic Theory 144 (2009) 1726-1769
    • (2009) Journal of Economic Theory , vol.144 , pp. 1726-1769
    • Oyama, D.1    Tercieux, O.2
  • 56
    • 49249133905 scopus 로고    scopus 로고
    • Monotone methods for equilibrium selection under perfect foresight dynamics
    • Oyama D., Takahashi S., and Hofbauer J. Monotone methods for equilibrium selection under perfect foresight dynamics. Theoretical Economics 3 (2008) 155-192
    • (2008) Theoretical Economics , vol.3 , pp. 155-192
    • Oyama, D.1    Takahashi, S.2    Hofbauer, J.3
  • 57
    • 3142549650 scopus 로고    scopus 로고
    • A simple, analytically solvable, Chamberlinian agglomeration model
    • Pflüger M. A simple, analytically solvable, Chamberlinian agglomeration model. Regional Science and Urban Economics 34 (2004) 565-573
    • (2004) Regional Science and Urban Economics , vol.34 , pp. 565-573
    • Pflüger, M.1
  • 58
    • 17444370884 scopus 로고    scopus 로고
    • The structure of simple 'New Economic Geography' models (or, On identical twins)
    • Robert-Nicoud F. The structure of simple 'New Economic Geography' models (or, On identical twins). Journal of Economic Geography 5 (2005) 201-234
    • (2005) Journal of Economic Geography , vol.5 , pp. 201-234
    • Robert-Nicoud, F.1
  • 59
    • 34250442766 scopus 로고
    • A class of games possessing pure-strategy Nash equilibria
    • Rosenthal R.W. A class of games possessing pure-strategy Nash equilibria. International Journal of Game Theory 2 (1973) 65-67
    • (1973) International Journal of Game Theory , vol.2 , pp. 65-67
    • Rosenthal, R.W.1
  • 60
    • 0001769604 scopus 로고    scopus 로고
    • Potential games with continuous player sets
    • Sandholm W.H. Potential games with continuous player sets. Journal of Economic Theory 97 (2001) 81-108
    • (2001) Journal of Economic Theory , vol.97 , pp. 81-108
    • Sandholm, W.H.1
  • 61
    • 0036655913 scopus 로고    scopus 로고
    • Evolutionary implementation and congestion pricing
    • Sandholm W.H. Evolutionary implementation and congestion pricing. Review of Economic Studies 69 (2002) 667-689
    • (2002) Review of Economic Studies , vol.69 , pp. 667-689
    • Sandholm, W.H.1
  • 62
    • 33845578100 scopus 로고    scopus 로고
    • Pigouvian pricing and stochastic evolutionary implementation
    • Sandholm W.H. Pigouvian pricing and stochastic evolutionary implementation. Journal of Economic Theory 132 (2007) 47-69
    • (2007) Journal of Economic Theory , vol.132 , pp. 47-69
    • Sandholm, W.H.1
  • 63
    • 67649307110 scopus 로고    scopus 로고
    • Large population potential games
    • Sandholm W.H. Large population potential games. Journal of Economic Theory 144 (2009) 1710-1725
    • (2009) Journal of Economic Theory , vol.144 , pp. 1710-1725
    • Sandholm, W.H.1
  • 64
    • 6144223518 scopus 로고
    • On optimal steady states of n-sector growth models when utility is discounted
    • Scheinkman J.A. On optimal steady states of n-sector growth models when utility is discounted. Journal of Economic Theory 12 (1976) 11-30
    • (1976) Journal of Economic Theory , vol.12 , pp. 11-30
    • Scheinkman, J.A.1
  • 65
    • 0000861816 scopus 로고    scopus 로고
    • Why imitate, and if so, how?: a boundedly rational approach to multi-armed bandits
    • Schlag K.H. Why imitate, and if so, how?: a boundedly rational approach to multi-armed bandits. Journal of Economic Theory 78 (1998) 130-156
    • (1998) Journal of Economic Theory , vol.78 , pp. 130-156
    • Schlag, K.H.1
  • 66
  • 69
    • 38249003669 scopus 로고
    • Adjustment dynamics and rational play in games
    • Swinkels J.M. Adjustment dynamics and rational play in games. Games and Economic Behavior 5 (1993) 455-484
    • (1993) Games and Economic Behavior , vol.5 , pp. 455-484
    • Swinkels, J.M.1
  • 71
    • 0017819644 scopus 로고
    • Evolutionary stable strategies and game dynamics
    • Taylor P.D., and Jonker L.B. Evolutionary stable strategies and game dynamics. Mathematical Biosciences 40 (1978) 145-156
    • (1978) Mathematical Biosciences , vol.40 , pp. 145-156
    • Taylor, P.D.1    Jonker, L.B.2
  • 72
    • 0012229827 scopus 로고    scopus 로고
    • Robust equilibria of potential games
    • Ui T. Robust equilibria of potential games. Econometrica 69 (2001) 1373-1380
    • (2001) Econometrica , vol.69 , pp. 1373-1380
    • Ui, T.1
  • 74
    • 0031445541 scopus 로고    scopus 로고
    • Shaping long-run expectations in problems of coordination
    • Vega-Redondo F. Shaping long-run expectations in problems of coordination. European Journal of Political Economy 13 (1997) 783-806
    • (1997) European Journal of Political Economy , vol.13 , pp. 783-806
    • Vega-Redondo, F.1
  • 75
    • 10444239779 scopus 로고
    • Uncertain lifetime, life insurance, and the theory of the consumer
    • Yaari M.E. Uncertain lifetime, life insurance, and the theory of the consumer. Review of Economic Studies 32 (1965) 137-150
    • (1965) Review of Economic Studies , vol.32 , pp. 137-150
    • Yaari, M.E.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.