Athreya, Siva ; Somanathan, Rohini (2008) Quantifying spatial misallocation in centrally provided public goods Economics Letters, 98 (2). pp. 201-206. ISSN 0165-1765
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Official URL: http://www.sciencedirect.com/science/article/pii/S...
Related URL: http://dx.doi.org/10.1016/j.econlet.2007.04.030
Abstract
We use an optimization algorithm to solve a two-period planner's problem of spatially allocating public goods. We apply the algorithm to data on the location of post offices in South India between 1981–1991 and show that more appropriate choices could have reduced travel costs by at least 20%.
| Item Type: | Article |
|---|---|
| Source: | Copyright of this article belongs to Elsevier Science. |
| Keywords: | Public Goods; Optimal Algorithms |
| ID Code: | 100207 |
| Deposited On: | 12 Feb 2018 12:16 |
| Last Modified: | 12 Feb 2018 12:16 |
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