Continuous logit polycentric city model
In: CESifo working paper series 4580
In: Labour markets
Abstract
This paper analyzes a closed, essentially linear polycentric city with homogenous households who probabilistically select their workplace and residence locations. The study utilizes a continuous logit model to describe household location choices. In contrast to the classic urban model with deterministic location choices, the continuous logit model predicts noticeable direct effects of more than one workplace on land rents, asymmetry of the land rent schedule around secondary business districts, incomplete segregation of citizens who work in different business centers and, therefore, cross commuting, and incomplete segregation of workers and farmers.
Verfügbarkeit
Sprachen
Englisch
Verlag
Univ., Center for Economic Studies
Seiten
12 S.
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