Suchergebnisse

Over the past thirty years, urban economic theory has been one of the most active areas of urban and regional economic research. Just as static general equilibrium theory is at the core of modern microeconomics, so is the topic of this book - the static allocation of resources within a city and between cities - at the core of urban economic theory. An Essay on Urban Economic Theory well reflects the state of the field. Part I provides an elegant, coherent, and rigorous presentation of several variants of the monocentric (city) model - as the centerpiece of urban economic theory - treating equilibrium, optimum, and comparative statistics. Part II explores less familiar and even some uncharted territory. The monocentric model looks at a single city in isolation, taking as given a central business district surrounded by residences. Part II, in contrast, makes the intra-urban location of residential and non-residential activity the outcome of the fundamental tradeoff between the propensity to interact and the aversion to crowding; the resulting pattern of agglomeration may be polycentric. Part II also develops models of an urbanized economy with trade between specialized cities and examines how the market-determined size distribution of cities differs from the optimum. This book launches a new series, Advances in Urban and Regional Economics. The series aims to provide an outlet for longer scholarly works dealing with topics in urban and regional economics

Cover -- Half Title -- Title Page -- Copyright Page -- Table of Contents -- Foreword -- I. Introduction and Overview -- Introduction and Overview -- II. Lectures and Perspectives -- Self-Reinforcing Mechanisms in Economics -- Neural Nets for Economists -- Persistent Oscillations and Chaos in Economic Models: Notes for a Survey -- Nonlinearity and Complex Dynamics in Economics and Finance -- Can New Approaches to Nonlinear Modeling Improve Economic Forecasts? -- The Global Economy as an Adaptive Process -- The Evolution of Economic Webs -- Computation and Multiplicity of Economic Equilibria -- A Simple Model for Dynamics away from Attractors -- Statistical Mechanics Approaches to Complex Optimization Problems -- Can Nonlinear Dynamics Help Economists? -- Rational Expectations, Game Theory and Inflationary Inertia -- III. Working Group Summaries -- Working Group A: Techniques and Webs -- Working Group B: Economic Cycles -- Working Group C: Patterns -- IV. Final Plenary Discussion -- Final Plenary Discussion -- V. Summaries and Perspectives -- A Physicist Looks at Economics: An Overview of the Workshop -- Workshop on the Economy as an Evolving Complex System: Summary -- VI. Research Papers -- Learning-By-Doing, International Trade and Growth: A Note -- Lyapunov Exponents for Stock Returns -- VII. Appendix -- Summary of Meeting on "International Finance as a Complex System" at the Rancho Encantado, Tesuque, New Mexico, August 6-7, 1986 -- Index