Research " AN ASSESSMENT OF SPATIAL DIFFERENTIATION IN VIETNAM’S SOCIAL-ECONOMIC DEVELOPMENT 1990-2000 "

AN ASSESSMENT OF SPATIAL DIFFERENTIATION IN VIETNAM’S SOCIAL-ECONOMIC DEVELOPMENT 1990-2000 There can be multiple equilibria, however, and the allocation of effective schools is not uniquely determined by the model’s parameters. Conventional comparative statics analysis is not meaningful when equilibrium is non-unique, as the parental valuation parameter affects the set of possible equilibria rather than altering a particular equilibrium. To better understand the relationships between parental valuations, market concentration, and the equilibrium allocation, the formal exposition of the model is followed by simulations of markets under illustrative parameter values....