Cities, Agglomeration and Spatial Equilibrium

摘要

Cities, Agglomeration and Spatial Equilibrium provides insights into the most recent theoretical advances developed in a specific part of urban economics, that the author of the book, Edward Glaeser, claims to be "the single most important concept in regional and urban economics: the spatial equilibrium" (p. 4). Spatial equilibrium refers to a situation in which there is no potential for arbitrage in space: if identical people are choosing to live in two different places, then those two different places must be offering an equivalent bundle of advantages, like wages, prices and amenities.