|
If you are seeing this message, you may be experiencing temporary network problems. Please wait a few minutes and refresh the page. If the problem persists, you may wish to report it to your local Network Manager.
It is also possible that your web browser is not configured or not able to display style sheets. In this case, although the visual presentation will be degraded, the site should continue to be functional. We recommend using the latest version of Microsoft or Mozilla web browser to help minimise these problems.
Wiley InterScience | |||
  EconometricaVolume 70 Issue 4, Pages 1445 - 1476 Published Online: 12 Dec 2003 © 2010 The Econometric Society
Abstract | Full Text: PDF (Size: 755K) | Related Articles | Citation Tracking  On the Internal Structure of Cities Copyright The Econometric Society 2002 KEYWORDS land use • rent gradient • urban economics • commuting costs • externalities ABSTRACTWe prove the existence of a symmetric equilibrium in a circular city in which businesses and housing can both be located anywhere in the city. In this equilibrium, firms balance the external benefits from locating near other producers against the costs of longer commutes for workers. An equilibrium city need not take the form of a central business district surrounded by a residential area. We propose a general algorithm for constructing equilibria, and use it to study the way land use is affected by changes in the model's underlying parameters. | 
|
