Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/89748
Authors: 
Wrede, Matthias
Year of Publication: 
2014
Series/Report no.: 
CESifo Working Paper 4580
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.
Subjects: 
urban spatial equilibrium
polycentric city
probabilistic location choices
continuous logit model
cross commuting
JEL: 
R13
R14
D11
Document Type: 
Working Paper

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