Rational urban spatial development with durable structural capital entails discontinuous central densification. Such densification can be held back by interdependent redevelopment incentives among adjacent landowners—a market failure that distorts spatial development. We investigate such...

The year of 2015 was marked by a few troublesome trends in the crisis unfolding in Russia's regions. The overwhelming majority of Russia's territories ran a budget deficit while regional and municipal debts were piling up. A new trend towards drastic shrinking of consumption took hold....

The potential effects of high-speed rail (HSR) reach into many overlapping fields of interest. This paper summarizes the evolution of HSR and elaborates on the development effects of the HSR transport infrastructure. HSR can simultaneously become a core component on desired urban developments,...

We investigate urban spatial development assuming that landowners irreversibly develop property in an uncertain environment. Unlike the standard monocentric city model, we assume that bid rents for houses are not monotonically decreasing with the distance from the central business district (CBD)...

Land use regulations have been pursued by many governments around the world. When making land development policies for cities that feature high population density and limited land supply, one question looms large: where and how much to build across different localities of a city? To answer this...

Russian cities are traditionally characterized by high levels of public transport ridership, compared to the Western cities. Moreover, the cities were intensively developing during the Soviet era when the private transport was literally absent. Thus, it can be assumed that the spatial structure...