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In August 2005, a small yet vital convention happened at Chuo college in Tokyo, Japan. The Chuo assembly on Economics of Time and area 2005 (Chuo METS 05) aimed to complement the respective disciplines of the economics of time (dynamic economics) and the economics of area (spatial economics) and to extend their applicability within the genuine global. The chapters contained herein are in line with the papers offered at that conference.

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