Continuous Logit Polycentric City Model

Matthias Wrede

VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy from Verein für Socialpolitik / German Economic Association

Abstract: This paper analyzes a closed 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.

JEL-codes: R12 R13 R14 (search for similar items in EconPapers)
Date: 2014
New Economics Papers: this item is included in nep-dcm, nep-geo and nep-ure
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Citations: View citations in EconPapers (3)

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Working Paper: Continuous Logit Polycentric City Model (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc14:100488

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