A new approach to agglomeration problems

A new approach to agglomeration problemsAdriana Navarro-Ramos

Authors : Adriana Navarro-Ramos
Abstract : In this paper, we study a location problem with positive externalities. We define a new transferable utility game, considering there is no restriction on the transfer of benefits between firms. We prove that the core of this game is non-empty, provide an expression for it, and an axiomatic characterization. We also study several core allocations, selected by means of a certain bankruptcy problem.

Lire l'article : Operations Research Letters

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