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Urban Economic Theory (Land Use and City Size)
Author(s): Fujita (Author)
- Publisher: Cambridge University Press
- Publication Date: January 12, 2008
- Language: English
- Print length: 380 pages
- ISBN-10: 052139645X
- ISBN-13: 9780521396455
Book Description
This book examines the economic reasons why people choose to live where they live and develops, through analysis of the bid rent function, a unified theory of urban land use and city size. The first part of the book explicates the basic theory of urban land use and optimal city size. Residential location behavior of households is examined in a microeconomic framework and equilibrium and optimal patterns of residential land use are discussed. The corresponding equilibrium and optimal city sizes are studied in a variety of contexts. Part Two extends the classical theories of von Thunen and Alonso with the addition of externality factors such as local public goods, crowding and congestion, and racial prejudice. The rigorous mathematical approach and theoretical treatment of the material make Urban Economic Theory of interest to researchers in urban economics, location theory, urban geography, and urban planning.
Editorial Reviews
Review
"This is an elegant and comprehensive exposition of modern urban economic theory. It should be read by any economist who wants to do research in urban economic theory, who wants to understand what economic theory has to say about urban analysis, or who wants to do applied urban research using a careful theoretical framework. It is an ideal text for graduate courses in urban economic theory." Journal of Regional Science
From the Back Cover
Urban Economic Theory presents a unified theory of land use and city size using the bid rent approach. Professor Fujita examines the residential location behavior of households within a microeconomic framework in the first part of the book. In the second part of the book, the basic theory is extended to include externality factors such as local public goods, crowding and congestion, racial prejudice, and differentiated producer services.
