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Urban economic models suggest that, ceteris paribus, land values diminish with distance from a central business district (CBD) which 'produces' employment, income and other amenities. A new industry like casino gaming may have jobs and increased income associated with it. These amenities will...
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This paper is a simultaneous exploration of the within-city production of safety with the endogenous allocation of public inputs (police). Three issues are central. One is an examination of the local government allocation function. Second is that safety ...
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This study analyzes the distribution of property crimes among small communities within a metropolitan area. We have tested whether a pool of criminals operating within a metropolitan area allocates its aggregate activity according to a rational pattern. The theoretical model based on utility...
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Variations in the price of land and the intensiveness of its use have been examined in economic literature beginning with Adam Smith and elaborated by Ricardo, Von Thunen, Mills, Muth, Alonso and others. The price of land is most significantly associated with the distance to the Central Business...
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