The Globe and the Circle : Geometry and Economic Geography as Tribute to Thales and Nash

The geometry of the line and the circle has been used in economics for a long time to understand location choice and political positioning in democratic polity. This paper draws on some elementary ideas from geometry and game theory to extend some...

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Main Author: Basu, Kaushik
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2016/09/26782414/globe-circle-geometry-economic-geography-tribute-thales-nash
http://hdl.handle.net/10986/25132
id okr-10986-25132
recordtype oai_dc
spelling okr-10986-251322021-06-14T10:16:40Z The Globe and the Circle : Geometry and Economic Geography as Tribute to Thales and Nash Basu, Kaushik electoral democracy Nash equilibrium economic geography spatial economics The geometry of the line and the circle has been used in economics for a long time to understand location choice and political positioning in democratic polity. This paper draws on some elementary ideas from geometry and game theory to extend some of the analysis to beyond lines and circles, to the globe or the sphere. In the spirit of recreational geometry, the paper is focused on demonstrating some abstract results concerning Nash equilibria on the globe. It is hoped that this will help us understand better the robustness of median voter theorems and why stores position themselves the way they do. 2016-10-07T19:52:20Z 2016-10-07T19:52:20Z 2016-09 Working Paper http://documents.worldbank.org/curated/en/2016/09/26782414/globe-circle-geometry-economic-geography-tribute-thales-nash http://hdl.handle.net/10986/25132 English en_US Policy Research Working Paper;No. 7819 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic electoral democracy
Nash equilibrium
economic geography
spatial economics
spellingShingle electoral democracy
Nash equilibrium
economic geography
spatial economics
Basu, Kaushik
The Globe and the Circle : Geometry and Economic Geography as Tribute to Thales and Nash
relation Policy Research Working Paper;No. 7819
description The geometry of the line and the circle has been used in economics for a long time to understand location choice and political positioning in democratic polity. This paper draws on some elementary ideas from geometry and game theory to extend some of the analysis to beyond lines and circles, to the globe or the sphere. In the spirit of recreational geometry, the paper is focused on demonstrating some abstract results concerning Nash equilibria on the globe. It is hoped that this will help us understand better the robustness of median voter theorems and why stores position themselves the way they do.
format Working Paper
author Basu, Kaushik
author_facet Basu, Kaushik
author_sort Basu, Kaushik
title The Globe and the Circle : Geometry and Economic Geography as Tribute to Thales and Nash
title_short The Globe and the Circle : Geometry and Economic Geography as Tribute to Thales and Nash
title_full The Globe and the Circle : Geometry and Economic Geography as Tribute to Thales and Nash
title_fullStr The Globe and the Circle : Geometry and Economic Geography as Tribute to Thales and Nash
title_full_unstemmed The Globe and the Circle : Geometry and Economic Geography as Tribute to Thales and Nash
title_sort globe and the circle : geometry and economic geography as tribute to thales and nash
publisher World Bank, Washington, DC
publishDate 2016
url http://documents.worldbank.org/curated/en/2016/09/26782414/globe-circle-geometry-economic-geography-tribute-thales-nash
http://hdl.handle.net/10986/25132
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