Showing 1 - 10 of 12
level of segregation in a fixed-size city where consumers differ both in income and taste. In this city, the market … allocation of the population is characterized by partial segregation: both rich and poor consumers can be found in both … segregation if applicants are not screened according to their income level. Any departure from the optimal level of screening has …
Persistent link: https://www.econbiz.de/10010933845
large proportion of agents and the degree of segregation of these cooperatives. Three factors can explain the existence …, stability and lack of segregation. First, we show that the classical explanation in economics holds within the framework of our … their income - the higher the risk aversion, the more stable the cooperatives and the lower the segregation. Learning can …
Persistent link: https://www.econbiz.de/10010933864
This paper develops a simple model to explain two stylised facts about immigration. First, some countries have a low ratio of migrants in their population, while other wealthy countries have a high number of migrants. In fact such migrants are of the same order of magnitude as their domestic...
Persistent link: https://www.econbiz.de/10010930197
also show that, if there are more than one public good, this condition is not sufficient for segregation unless households … preferences are additively separable. Since this condition is necessary and sufficient for the segregation of stable jurisdiction … segregation. …
Persistent link: https://www.econbiz.de/10009325711
In his 1971's Dynamic Models of Segregation paper, the economist Thomas C. Schelling showed that a small preference for … one's neighbors to be of the same color could lead to total segregation, even if total segregation does not correspond to … deepening the understanding of the properties of dynamic models of segregation based on Schelling's hypotheses. Its main …
Persistent link: https://www.econbiz.de/10008793080
In the present article, I provide a simple urban theory where agents do not bid for land. In absence of this baseline mechanism, I show that the spatial allocation of agents is governed by a Nash equilibrium. I underline the role of asymmetric local congestion effects in insuring the existence...
Persistent link: https://www.econbiz.de/10010899763
Our objective in this paper is twofold: first, we want to give a theoretical founding to empirical findings of several works that emphasize the fact that while distance traveled increases with household location distance from the city center, transportation time tends to decrease, thus offering...
Persistent link: https://www.econbiz.de/10009368016
We model a city in which jobs are exogenous and distributed across an extended business area in which transport has a nonzero cost. Households are homogeneous in terms of utility and gross income, but each household chooses its residential location on the basis of its place of employment, which...
Persistent link: https://www.econbiz.de/10008794148
The effect of an individual-specific measure of accessibility to jobs is analyzed using a three-level nested logit model of residential location, workplace, and job type choice. This measure takes into account the attractiveness of different job types when the workplace choice is anticipated in...
Persistent link: https://www.econbiz.de/10010899354
A three-level nested logit model for the choice of residential location, workplace, and type of employment is used to assess the effect of an individual-specific measure of accessibility to employments that takes into account the attractiveness of different occupations when the choice of...
Persistent link: https://www.econbiz.de/10010899447