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The book explores land use and city size through a bid rent approach, focusing on how households choose residential locations within a microeconomic framework. It delves into the external factors affecting urban dynamics, including local public goods, crowding, congestion, racial prejudice, and varied producer services. This comprehensive analysis offers insights into the complexities of urban economic behavior and the interplay of various elements shaping city environments.
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Urban Economic Theory, Masahisa Fujita
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- Released
- 2003
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- (Paperback)
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