Arbeitspapier

Continuous Logit Polycentric City Model

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.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 4580

Klassifikation
Wirtschaft
General Equilibrium and Welfare Economic Analysis of Regional Economies
Land Use Patterns
Consumer Economics: Theory
Thema
urban spatial equilibrium
polycentric city
probabilistic location choices
continuous logit model
cross commuting

Ereignis
Geistige Schöpfung
(wer)
Wrede, Matthias
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Wrede, Matthias
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2014

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