Kantor, Yuval; Rietveld, Piet; van Ommeren, Jos - In: Journal of Urban Economics 83 (2014) C, pp. 50-58
Mixed commercial and residential land use is observed in most cities around the world. Despite its ubiquity, urban economic theory is rather silent on the formation of mixed land use. In particular, standard bid rent models typically predict complete segregation of land use. The two main...