A continuous spatial choice logit model of a polycentric city
Matthias Wrede ()
Regional Science and Urban Economics, 2015, vol. 53, issue C, 68-73
This paper analyzes a closed linear polycentric city where households 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.
Keywords: Urban spatial equilibrium; Polycentric city; Probabilistic location choices; Continuous logit model; Cross-commuting (search for similar items in EconPapers)
JEL-codes: R13 R14 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:regeco:v:53:y:2015:i:c:p:68-73
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