Microeconomic Modeling in Urban Science

Provides an integrated framework on which to model the decisions and interactions of agents in the urban environment using microeconomics

Francisco Martinez Concha (Author)

9780128152966, Elsevier Science

Paperback, published 12 July 2018

294 pages
22.9 x 15.1 x 1.9 cm, 0.41 kg

Microeconomic Modeling in Urban Science proposes an interdisciplinary framework for the analysis of urban systems. It portrays agents as rational beings modeled under the framework of random utility behavior and interacting in a complex market of location auctions, location externalities, agglomeration economies, transport accessibility attributes, and planning regulations and incentives. Francisco Javier Martinez Concha considers the optimal planning of cities as he explores interactions between citizens and between citizens and firms, the mesoscopic agglomeration of firms and the segregation of agents’ socioeconomic clusters, and the emergence of city-level scale laws. Its unified model of city life is relevant to micro-, meso- and macro-scale interactions.

1. Introduction2. Accessibility3. Theory of a discrete urban land market4. A stochastic model of urban systems5. Equilibrium analysis6. Dynamic of urban land use7. Applications and policy analysis8. City scale laws

Subject Areas: Urban economics [KCU]