TY  - JOUR
TI  - Optimal Commuting and Migration Decisions under Commuting Cost Uncertainty
AU  - Schmidt, Christian
PY  - 2013
PB  - SAGE Publications
LA  - eng
AB  - The aim of this paper is to assess the implications of economic uncertainty on individual mobility behaviour at the local and regional levels. Focusing especially on uncertainty with respect to the evolution of commuting costs, a model is developed that describes the interrelated decisions of residential choice and the appropriate type of mobility connecting workplace and residence. Results indicate that higher uncertainty about commuting costs increases the number of residentially immobile individuals in that the decision regarding a relocation of residence is accordingly deferred to a later point in time. This also means that individuals initially commuting between residence and workplace remain in this mobility mode despite an apparently favourable net present value of moving to the workplace region.
UR  - https://doi.org/10.1177/0042098013498286
DO  - 10.1177/0042098013498286
T2  - Urban studies
VL  - 51
IS  - 3
SN  - 1360-063X
SN  - 0042-0980
SP  - 477-492
UR  - https://www.pollux-fid.de/r/cr-10.1177/0042098013498286
H1  - Pollux (Fachinformationsdienst Politikwissenschaft)
ER  -