ERC Starting Grant · 2018
Optimal Transport Networks in Spatial Equilibrium
Every year, the world economy invests a large amount of resources to improve or develop transport infrastructure. How should these investments be allocated to maximize social welfare? In this proposal, I propose to develop and apply new methods to study optimal transport networks in general-equilibrium models of international trade, urban economics and economic geography. The methodology will build on recent work (Fajgelbaum and Schaal, 2017), in which my coauthor and I studied the network design problem in a general neoclassical trade framework. In the first project, I develop a new framework to analyze optimal infrastructure investment in an urban setting. The model features people…
From the public funding record at EU CORDIS. Describes the funded project, not the reviews below.
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