Oron, Yitzhak; Pines, David; Sheshinski, Eytan - In: Bell Journal of Economics 4 (1973) 2, pp. 619-636
This paper presents a comparison between optimum and competitive land use patterns within an urban area. The concept of equilibrium in this paper pertains to five sectors: households, housing producers, composite commodity producers, land transactors and transportation authority. The concept of...