Landownership and Residential Land Use in Urban Economies

Existence and Uniqueness of the Equilibrium

Häftad, Engelska, 2012

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As a prototype for introducing landownership into an urban residential choice model, a basic model of residential land use is proposed in which a group of city residents is assumed to own jointly a circular area of land extending from the central business district.

Produktinformation

Utgivningsdatum2012-02-12
Mått155 x 235 x 8 mm
Vikt219 g
FormatHäftad
SpråkEngelska
Antal sidor127
FörlagSpringer Verlag, Japan
ISBN9784431684121

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1. Introduction.- 1.1. Objective of the book.- 1.2. Review of Related Research.- 1.3. Plan of the book.- 2. Behavior of the Household with Land.- 2.1. Introduction.- 2.2. Basic Model of the Household with Land.- 2.3. Characteristics of Maximum Utility.- 2.4. Characteristics of the Optimal Lot Size and the Autarkic Land Rent.- 2.5. Conclusion.- 3. Impact of ?-landownership on Residential Land Use Equilibria.- 3.1. Introduction.- 3.2. The ?-landownership Model.- 3.3. Definition of the Land Use Equilibrium.- 3.4. Existence and Uniqueness of the Land Use Equilibrium.- 3.5. Comparative Statics.- 3.6. Conclusion.- Appendix 3.A: Proof of Lemma 3.6.- Appendix 3.B: Proof of Proposition 3.2.- Appendix 3.C: Proof of relation (3.31).- Appendix 3.D: Formal derivation of results for case 1 in Section 3.5.2.- Appendix 3.E Formal derivation of results for case 2 in Section 3.5.2.- 4. Impact of S-landownership on Residential Land Use Equilibria.- 4.1. Introduction.- 4.2. The S-landownership Model.- 4.3. Existence and Uniqueness of the Equilibrium.- 4.4. Comparative Statics.- 4.5. Conclusion.- Appendix 4.A: Proof of relation (4.22).- Appendix 4.B: Proof of Proposition 4.2.- Appendix 4.C: Proof of relation (4.25).- 5. Landownership and Welfare Impacts of Zoning Regulations.- 5.1. Introduction.- 5.2. A Crowding Externalities Model without a Zoning Regulation.- 5.3. A Crowding Externalities Model with a Zoning Regulation.- 5.4. Impact of Minimum Lot Size Regulation on Residential Land Use Equilibria.- 5.5. Conclusion.- Appendix 5.A: Case of a Large MLS Regulation.- 6. Conclusion.- References.- Author index.