The panexponential monocentric model
Article Abstract:
A panexponential monocentric model is utilized to determine declining rent and density functions in a city where restrictions are calibrated in terms of commuting costs rather than demand for land. The assumptions, which are intended to reflect realistic properties of congested urban environments, are based on calculations of equilibrium land rent, residential density, and numeraire consumption data.
Publication Name: Journal of Urban Economics
Subject: Government
ISSN: 0094-1190
Year: 2000
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The value of 'value pricing' of roads: second-best pricing and product differentiation
Article Abstract:
This article evaluates the choice of two road user groups to determine choice of priced roadways as opposed to free but congested roads. The authors take into account the value of time when considering their model and suggest that constraints improve the policy performances offering different prices.
Publication Name: Journal of Urban Economics
Subject: Government
ISSN: 0094-1190
Year: 2001
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Taste heterogeneity and urban spatial structure: the logit model and monocentric theory reconciled
Article Abstract:
A model of taste heterogeneity and urban spatial structure for a monocentric city is presented. Equilibrium allocations and related decentralizing land prices can be obtained by solving a welfare optimum problem through either the maximization of total social welfare or the minimization of total opportunity cost. Heterogeneity in tastes leads to a more decentralized urban structure.
Publication Name: Journal of Urban Economics
Subject: Government
ISSN: 0094-1190
Year: 1990
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