A Dynamic von Thünen Model

Richard H. Day

Richard H. Day is professor of economics at the University of Wisconsin, Madison.

E. Herbert Tinney

E. Herbert Tinney is associated with IBM Corporation, Chicago.

This paper is respectfully dedicated to Emil Woermann, whose intellectual leadership in German agricultural economics has done much to keep alive the distinguished tradition of theoretical rigor, empirical testing, and practical relevance established a century and a half ago by von Thünen. For his comments on von Thünen see [15]. The research which is reported here was supported by a grant from the National Science Foundation.