Does Economic Space Matter?

1. Front Matter

   Pages i-xxxiv

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2. Introduction: In Honour of Melvin L. Greenhut

   1. Introduction: In Honour of Melvin L. Greenhut

      • Hiroshi Ohta, Jacques-François Thisse

      Pages 1-18

3. Historical Accounts

   1. Front Matter

      Pages 19-19

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   2. Cycles in the Development of Spatial Economics

      • Robert B. Ekelund Jr, Robert F. Hébert

      Pages 21-37

   3. Of Shoes and Ships and Shredded Wheat, Of Cabbages and Cars: The Contemporary Relevance of Location Theory

      • George Norman

      Pages 38-68

4. Land Use and Public Goods

   1. Front Matter

      Pages 69-69

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   2. Tragedy of the Commons: Efficiency Rents to the Rescue of Free-Road Inefficiencies and Paradoxes

      • Paul A. Samuelson

      Pages 71-80

   3. On the Economic Impact of Political Boundaries Over a Resource-Diversified Territory

      • Gordon M. Myers, Yorgos Y. Papageorgiou

      Pages 81-94

   4. Tragedy of the Commoners in Economic Space as a Public Good

      • Hiroshi Ohta

      Pages 95-110

   5. Differentiated Public Goods: Privatization and Optimality

      • Nicholas Economides, Susan Rose-Ackerman

      Pages 111-132

   6. Integrating Rent and Demand Revelation in the Evaluation and Financing of Services

      • Nicolaus Tideman

      Pages 133-150

   7. The Spatial Pattern of Office Asking Rents in the Chicago Metropolitan Area

      • Edwin S. Mills

      Pages 151-164

   8. Optimal Utilization of the Central Business District with Economy and Diseconomy of Agglomeration

      • Noboru Sakashita

      Pages 165-184

5. Location Theory and Spatial Competition

   1. Front Matter

      Pages 185-185

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   2. On Location of Industries Among Trading Countries: Scale Economies as Possible Offset to Comparative Disadvantage

      • William J. Baumol

      Pages 187-206

   3. Measuring the Cost and Benefits of Import Fees

      • Timothy J. Gronberg, Thomas R. Saving

      Pages 207-228

   4. On the Optimum Location of Modern Firms

      • Chao-cheng Mai, Hong Hwang

      Pages 229-247

   5. A Unified Treatment of the Segment and the Circular Market Models

      • Takaaki Takahashi, André de Palma

      Pages 248-273

   6. Spatial Oligopolies with Uniform Delivered Pricing

      • Amoz Kats, Jacques-François Thisse

      Pages 274-302

   7. Basing Point Pricing, Competition and Market Integration

      • Louis Phlips

      Pages 303-315

This is a Festschrift to honour Professor Melvin Greenhut who has long toiled on spatial economics. The book accordingly focuses on a single question: in what sense 'economic space' matters in economic theory. Space in economics is an elusive concept, apparently separating and embracing economic agents at the same time. This is why adding it to already overly complicated economic agents at the same time. This is why adding it to already overly complicated economic models may not necessarily help economics to become sufficiently realistic. In this book, leading scholars of international stature try to find ways of introducing space in economic theory which will make it simpler and more realistic, analysing theoretical and historical issues of contemporary relevance, such as land use, congestion and public goods, location theory and spatial competition.

• agents
• economic theory
• economics
• efficiency
• innovation
• integration
• research

• Aoyama Gakuin University, Tokyo, Japan

  Hiroshi Ohta

• Université de Paris I-Sorbonne, France

  Jacques-François Thisse

• CERAS, Ecole Nationale des Ponts et Chaussées, Paris, France

  Jacques-François Thisse

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