Urban Economic Theory by Masahisa Fujita

Urban Economic Theory by Masahisa Fujita

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Summary

An examination of the economic reasons determining choice of location develops, through analysis of the bid rent function, a unified theory of urban land use and city size.

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Urban Economic Theory by Masahisa Fujita

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.
"This is an elegant and comprehensive exposition of modern urban economic theoryIt 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
SKU Unavailable
ISBN 13 9780521346627
ISBN 10 0521346622
Title Urban Economic Theory
Author Masahisa Fujita
Condition Unavailable
Publisher Cambridge University Press
Year published 1989-08-25
Number of pages 380
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.