An Essay on Urban Economic Theory
An Essay on Urban Economic Theory well reflects the state of the field. Part I provides an elegant, coherent, and rigorous presentation of several variants of the monocentric (city) model - as the centerpiece of urban economic theory - treating equilibrium, optimum, and comparative statistics. Part II explores less familiar and even some uncharted territory. The monocentric model looks at a single city in isolation, taking as given a central business district surrounded by residences. Part II, in contrast, makes the intra-urban location of residential and non-residential activity the outcome of the fundamental tradeoff between the propensity to interact and the aversion to crowding; the resulting pattern of agglomeration may be polycentric. Part II also develops models of an urbanized economy with trade between specialized cities and examines how the market-determined size distribution of cities differs from the optimum.
This book launches a new series, Advances in Urban and Regional Economics. The series aims to provide an outlet for longer scholarly works dealing with topics in urban and regional economics.
- Hardback | 316 pages
- 160.02 x 236.22 x 25.4mm | 612.35g
- 01 Mar 1999
- Dordrecht, Netherlands
- 1999 ed.
- XIX, 316 p.
Other books in this series
01 Mar 1999
12 Oct 2012
Table of contents
Journal of Economic Geography, 1 (2001)