The Random Spatial Economy and Its Evolution

The Random Spatial Economy and Its Evolution

by Leslie Curry
     
 

This volume, spanning a lifetime's research, is a highly innovative first attempt at a consistent theoretical approach to the elements, structures and dynamics of the geography of agents, settlements and trade. Cause and effect are replaced by chance within constraints. Populations are substituted for unreal representative individuals, variability for uniformity,… See more details below

Overview

This volume, spanning a lifetime's research, is a highly innovative first attempt at a consistent theoretical approach to the elements, structures and dynamics of the geography of agents, settlements and trade. Cause and effect are replaced by chance within constraints. Populations are substituted for unreal representative individuals, variability for uniformity, probabilistic process for unique history. Ignorance is a major factor in interpersonal and inter-areal commercial relations so that the focus is on flows of information and their effects on the efficiency of the economy or, alternatively, on changes in its information content. Recent work on spatial arrangements in many physical and social sciences is incorporated but always interpreted from an overriding geographical viewpoint. Key concepts are locational potential, distance friction, mobility, diffusion, spatial pattern and texture, adaptability, efficiency, spatial interaction and dependence. Analytic methods include autocovariance and transfer functions, areal special densities and entropy. Various forms of self-organization of economic spatial patterns are examined.

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Product Details

ISBN-13:
9781840143911
Publisher:
Ashgate Publishing, Limited
Publication date:
12/01/1998
Pages:
492
Product dimensions:
8.62(w) x 6.02(h) x 1.14(d)

Table of Contents

Acknowledgements
Foreword
Prologue
Demand In The Spatial Economy
Homo Deterministicus3
Homo Stochasticus31
Agents
Formalised Behaviour in Agents' Markets69
A Spatial Analysis of Gravity Flows79
Factor Returns and Geography97
Occupational Structures
Information and Evolution of the Economy113
Division of Labor from Geographical Competition131
Macro-Ecology of Vacancy Chains165
Recruitment as Diffusion and the Spatial Structure of Occupations193
Settlement Structures
Central Places in the Random Spatial Economy215
Stochastic Spatial Distributions in Equilibrium: Settlement Theory237
Trading Structures
Geographical Specialisation and Trade249
Spatial Price Equilibria261
Inefficiency of Spatial Prices Using the Thermodynamic Formalism287
Trade as Spatial Interaction, and Central Places299
Spatial Trade and Factor Markets331
Short Term Dynamics
1Agents
Location Theoretic Style and Urban Policy345
Inefficiencies in the Geographical Operation of Labour Markets359
2Trade
Fluctuation in the Random Spatial Economy and The Control of Inflation375
Inefficiency and Instability of Trade Patterns391
Innovations and Trade in the Short Term407
3Settlement
The Village Economy as a Hypercycle425
Long Term Dynamics
Endogenous Geographical Evolution439
Epilogue471

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