Social Interaction and Urban Location Decisions

Zackary Hawley and Geoffrey Turnbull ()
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Geoffrey Turnbull: Department of Finance, University of Central Florida

No 201301, Working Papers from Texas Christian University, Department of Economics

Abstract: This paper examines how household social interaction affects housing and location demand in urban settings. The extended Alonso-Muth urban household model shows that the effects on density and location hinge upon the demand relationship between social activities and housing consumption. Stronger tastes for social activities outside the home lead to lower housing demand and decrease demanded distance from the CBD. Stronger tastes for socializing at home have the opposite effects on housing and location demands. The empirical analysis of interaction survey data yields results consistent with the theoretical framework.

JEL-codes: C26 R14 R21 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2013-01
New Economics Papers: this item is included in nep-ure
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http://www.econ.tcu.edu/RePEc/tcu/wpaper/wp13-01.pdf First version, 2013 (application/pdf)

Related works:
Journal Article: Social Interaction and Urban Location Decisions (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:tcu:wpaper:201301

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