EXISTENCE AND UNIQUENESS OF EQUILIBRIUM FOR A SPATIAL MODEL OF SOCIAL INTERACTIONS*
将Beckmann的社会互动空间模型扩展到二维空间经济,证明均衡存在且在一定条件下唯一,并探讨了空间对称性。
We extend Beckmann's spatial model of social interactions to the case of a two‐dimensional spatial economy with a large class of utility functions, accessing costs, and space‐dependent amenities. We show that spatial equilibria derive from a potential functional. By proving the existence of a minimizer of the functional, we obtain that of spatial equilibrium. Under mild conditions on the primitives of the economy, the functional is shown to satisfy displacement convexity. Moreover, the strict displacement convexity of the functional ensures the uniqueness of equilibrium. Also, the spatial symmetry of equilibrium is derived from that of the primitives of the economy.