Continuous Logit Polycentric City Model
Matthias Wrede
No 4580, CESifo Working Paper Series from CESifo
Abstract:
This paper analyzes a closed, essentially 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.
Keywords: urban spatial equilibrium; polycentric city; probabilistic location choices; continuous logit model; cross commuting (search for similar items in EconPapers)
JEL-codes: D11 R13 R14 (search for similar items in EconPapers)
Date: 2014
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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:ces:ceswps:_4580
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