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  3. Urban Economic Theory
  • Cited by 596
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    • Publisher:
      Cambridge University Press
      Publication date:
      23 December 2009
      25 August 1989
      ISBN:
      9780511625862
      9780521346627
      9780521396455
      DOI:
      https://doi.org/10.1017/CBO9780511625862
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.662kg, 380 Pages
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.584kg, 380 Pages
      • Subjects:
      Economics, Industrial Economics, Economic Development and Growth
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    Subjects:
    Economics, Industrial Economics, Economic Development and Growth
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    Book description

    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.

    Reviews

    "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

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