This book examines the economic reasons why people choose to live where they live and develops, through analysis of the bid rent function, a unified theory of urban land use and city size. The first part of the book explicates the basic theory of urban land use and optimal city size. Residential location behavior of households is examined in a microeconomic framework and equilibrium and optimal patterns of residential land use are discussed. The corresponding equilibrium and optimal city sizes are studied in a variety of contexts. Part Two extends the classical theories of von Thunen and Alonso with the addition of externality factors such as local public goods, crowding and congestion, and racial prejudice. The rigorous mathematical approach and theoretical treatment of the material make Urban Economic Theory of interest to researchers in urban economics, location theory, urban geography, and urban planning.
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"This is an elegant and comprehensive exposition of modern urban economic theory. It should be read by any economist who wants to do research in urban economic theory, who wants to understand what economic theory has to say about urban analysis, or who wants to do applied urban research using a careful theoretical framework. It is an ideal text for graduate courses in urban economic theory." Journal of Regional Science
Book Description
An examination of the economic reasons determining choice of location develops, through analysis of the bid rent function, a unified theory of urban land use and city size.
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First Sentence:
Any household that moves to a city and has to choose a residence is faced with a complex set of decisions. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
total differential rent, unprejudiced city, population cost function, equilibrium land use, boundary rent curve, market rent curve, urban fringe distance, residential choice behavior, pecuniary transport costs, lot size function, equilibrium bid rent curve, land rent curve, national utility level, racial externalities, rent curve approach, external economy model, multiple household types, absentee ownership model, equilibrium city sizes, local externality model, bid rent function, surplus curve, public landownership, equilibrium utility level, congestion tax revenue Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Henry George New!
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Any household that moves to a city and has to choose a residence is faced with a complex set of decisions. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
total differential rent, unprejudiced city, population cost function, equilibrium land use, boundary rent curve, market rent curve, urban fringe distance, residential choice behavior, pecuniary transport costs, lot size function, equilibrium bid rent curve, land rent curve, national utility level, racial externalities, rent curve approach, external economy model, multiple household types, absentee ownership model, equilibrium city sizes, local externality model, bid rent function, surplus curve, public landownership, equilibrium utility level, congestion tax revenue Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Henry George New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 33
books:
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9
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- Working Papers by Peter G Peterson Institute for International Economics on 4 pages
- Urban Economics (5th Edition) by Edwin S. Mills in Back Matter (1), Back Matter (2), and Back Matter (3)
- Handbook of Regional and Urban Economics (Handbooks in Economics, 7) by Peter Nijkamp in Back Matter (1), and Back Matter (2)
- Microeconomic Theory by Andreu Mas-Colell in Back Matter (1), and Back Matter (2)
- Current Issues in Urban Economics by Professor Peter M. Mieszkowski in Back Matter (1), and Back Matter (2)
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- Economics of Rural Land-use Change (Ashgate Studies in Environmental and Natural Resource Economics) (Ashgate Studies in Environmental and Natural Resource Economics) by Kathleen P. Bell on page 109
- Advances in Economics and Econometrics: Theory and Applications, Eighth World Congress (Econometric Society Monographs) (Volume 1) by Mathias Dewatripont on page 336
- Economics of Cities: Theoretical Perspectives by Jean-Marie Huriot on page 136
- Spatial Interaction Modelling: A Regional Science Context (Advances in Spatial Science) by John R. Roy in Back Matter
- The Challenge of Slums: Global Report on Human Settlements 2003 by United Nations Human Settlements Programme (UN-HABITAT) in Back Matter
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