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Optimality of a Competitive Equilibrium in a Small Open City with Congestion

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  • Akai, Nobuo
  • Fukushima, Takashi
  • Hatta, Tatsuo

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  • Akai, Nobuo & Fukushima, Takashi & Hatta, Tatsuo, 1998. "Optimality of a Competitive Equilibrium in a Small Open City with Congestion," Journal of Urban Economics, Elsevier, vol. 43(2), pages 181-198, March.
    • Handle: RePEc:eee:juecon:v:43:y:1998:i:2:p:181-198
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    References listed on IDEAS

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    1. Robson, Arthur J., 1976. "Cost-benefit analysis and the use of urban land for transportation," Journal of Urban Economics, Elsevier, vol. 3(2), pages 180-191, April.
    2. Kanemoto, Yoshitsugu, 1975. "Congestion and cost-benefit analysis in cities," Journal of Urban Economics, Elsevier, vol. 2(3), pages 246-264, July.
    3. Solow, Robert M. & Vickrey, William S., 1971. "Land use in a long narrow city," Journal of Economic Theory, Elsevier, vol. 3(4), pages 430-447, December.
    4. Fukushima, Takashi & Shigeno, Yukiko, 1995. "Congestion externality and economic efficiency in a model of urban economy," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 39(3), pages 385-391.
    5. O Hochman & D Pines, 1971. "Competitive Equilibrium of Transportation and Housing in the Residential Ring of an Urban Area," Environment and Planning A, , vol. 3(1), pages 51-62, March.
    6. Arnott, Richard J., 1979. "Unpriced transport congestion," Journal of Economic Theory, Elsevier, vol. 21(2), pages 294-316, October.
    7. Pines, David & Sadka, Efraim, 1985. "Zoning, first-best, second-best, and third-best criteria for allocating land for roads," Journal of Urban Economics, Elsevier, vol. 17(2), pages 167-183, March.
    8. Kanemoto, Yoshitsugu, 1977. "Cost-benefit analysis and the second best land use for transportation," Journal of Urban Economics, Elsevier, vol. 4(4), pages 483-503, October.
    9. Hochman, Oded, 1975. "Market Equilibrium Versus Optimum in a Model with Congestion: Note," American Economic Review, American Economic Association, vol. 65(5), pages 992-996, December.
    10. Hatta, Tatsuo, 1983. "Competition and nationally optimum resource allocation under the presence of urban traffic congestion," Journal of Urban Economics, Elsevier, vol. 14(2), pages 145-167, September.
    11. Mills, Edwin S & Ferranti, David M, 1971. "Market Choices and Optimum City Size," American Economic Review, American Economic Association, vol. 61(2), pages 340-345, May.
    12. Legey, L. & Ripper, M. & Varaiya, P., 1973. "Effects of congestion on the shape of a city," Journal of Economic Theory, Elsevier, vol. 6(2), pages 162-179, April.
    13. Yitzhak Oron & David Pines & Eytan Sheshinski, 1973. "Optimum vs. Equilibrium Land Use Pattern and Congestion Toll," Bell Journal of Economics, The RAND Corporation, vol. 4(2), pages 619-636, Autumn.
    14. Berglas, Eitan, 1976. "On the Theory of Clubs," American Economic Review, American Economic Association, vol. 66(2), pages 116-121, May.
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