Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Landownership and Residential Land Use in Urban Economies: Existence and Uniqueness of the Equilibrium

Landownership and Residential Land Use in Urban Economies: Existence and Uniqueness of the Equilibrium

Tokunaga, Suminori

Paperback

Business GeneralEconomicsGeneral Gardening

ISBN10: 4431684123
ISBN13: 9784431684121
Publisher: Springer Nature
Published: Feb 12 2012
Pages: 127
Weight: 0.44
Height: 0.29 Width: 6.14 Depth: 9.21
Language: English
As a prototype for introducing landownership into an urban residential choice model, a basic model of residential land use is proposed in which a group of city residents is assumed to own jointly a circular area of land extending from the central business district. Absentee and public landownership models are considered as special cases. With this basic model, the existence and uniqueness of the land-use equilibrium can be shown, and the effects of landownership, household income, and population can be analyzed. By extending this model to an arbitrary subset of the city land and by introducing a crowding externalities variable, the effects of landownership on the land-use equilibrium are examined using comparative statistics. This book will be extremely useful for those whose work or research covers the fields of economics, urban planning, or regional studies.

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