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Preface | |
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Acknowledgments | |
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Introduction and Axioms of Urban Economics | |
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What Is Urban Economics? | |
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What Is a City? | |
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Why Do Cities Exist? | |
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The Five Axioms of Urban Economics | |
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What's Next? | |
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References and Additional Reading | |
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Census Definitions | |
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Urban Population | |
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Metropolitan and Micropolitan Statistical Areas | |
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Principal City | |
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Market Forces in the Development of Cities | |
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Why Do Cities Exist? | |
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A Region Without Cities-Backyard Production | |
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A Trading City | |
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Trading Cities in Urban History | |
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A Factory Town | |
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The Industrial Revolution and Factory Cities | |
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A System of Factory Towns | |
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Materials-Oriented Firms and Processing Towns | |
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Summary | |
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Applying the Concepts | |
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References and Additional reading | |
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Why Do Firms Cluster? | |
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Sharing Intermediate Inputs | |
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Sharing a Labor Pool | |
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Labor Matching | |
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Knowledge Spillovers | |
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Self-Reinforcing Effects Cause Industry Clusters | |
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Evidence of Localization Economies | |
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Urbanization Economies | |
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Other Benefits of Urban Size | |
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Summary | |
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Applying the Concepts | |
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References and Additional Reading | |
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City Size | |
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Utility and City Size | |
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A System of Cities | |
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Specialized and Diverse Cities | |
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Differences in City Size | |
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The Size Distribution of Cities | |
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Summary | |
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Applying the Concepts | |
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References and Additional Reading | |
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Urban Growth | |
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Economic Growth: Increase in Per-Capita Income | |
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City-Specific Innovation and Income | |
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Human Capital and Economic Growth | |
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Urban Employment Growth | |
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Public Policy and Equilibrium Employment | |
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Projecting Changes in Total Employment | |
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Who Benefits from Increased Employment? | |
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Summary | |
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Applying the Concepts | |
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References and Additional Reading | |
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The Regional Context of Urban Growth | |
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The Neoclassical Model | |
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Regional Concentration and Dispersion in the U.S. | |
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References and Additional Reading | |
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Land Rent and Land Use Patterns | |
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Urban Land Rent | |
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Introduction to Land Rent | |
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Bid-Rent Curves for the Manufacturing Sector | |
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Bid-Rent Curves for the Information Sector | |
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Office Bid-Rent Curves with Factor Substitution | |
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Housing Prices | |
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The Residential Bid-Rent Curve | |
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Relaxing the Assumptions: Time Costs, Public Services, Taxes, Amenities | |
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Land-Use Patterns | |
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Summary | |
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Applying the Concepts | |
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References and Additional Reading | |
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Consumer and Factor Substitution | |
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Consumer Choice and the Law of Demand | |
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Input Choice and Factor Substitution | |
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Land-Use Patterns | |
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The Spatial Distribution of Jobs and People | |
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A Closer Look at Subcenters | |
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Urban Density | |
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The Rise of the Monocentric City | |
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The Demise of the Monocentric City | |
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Urban Sprawl | |
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Summary | |
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Applying the Concepts | |
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References and Additional Reading | |
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The Monocentric Model and Applications | |
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The Monocentric Model | |
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Income and Location | |
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A General Equilibrium Model of a Monocentric City | |
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Applying the Concepts | |
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Neighborhood Choice | |
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Diversity versus Segregation | |
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Sorting for Local Public Goods | |
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Neighborhood Externalities | |
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Neighborhood Choice | |
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Schools and Neighborhood Choice | |
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Crime and Neighborhood Choice | |
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Racial Segregation | |
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Consequences of Segregation | |
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Summary | |
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Applying the Concepts | |
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References and Additional Reading | |
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Zoning and Growth Controls | |
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Land-Use Zoning | |
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The Legal Environment of Zoning | |
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A City Without Zoning? | |
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Growth Control: Urban Growth Boundaries | |
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Other Growth-Control Policies | |
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Summary | |
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Applying the Concepts | |
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References and Additional Reading | |
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Urban Transportation | |
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Externalities from Autos | |
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Congestion Externalities | |
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The Congestion Tax | |
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Practicalities of the Congestion Tax | |
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Alternatives to a Congestion Tax | |
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The Road Capacity Decision | |
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Autos and Air Pollution | |
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Motor Vehicle Accidents | |
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Automobiles and Poverty | |
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Summary | |
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Applying the Concepts | |
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References and Additional Reading | |
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Mass Transit | |
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Mass Transit Facts | |
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Choosing a Travel Mode: Commuter Choices | |
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Designing a Transit System | |
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Subsidies for Public Transit | |
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Deregulation: Contracting and Paratransit | |
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Transit and Land-Use Patterns | |
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Mass Transit and Poverty | |
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Summary | |
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Applying the Concepts | |
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References and Additional Reading | |
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Urban Crime | |
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Crime | |
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Crime Facts | |
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The Rational Criminal | |
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The Equilibrium Quantity of Crime | |
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Legal Opportunities and Education | |
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Applications: Big-City Crime and the Crime Drop | |
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How Much Crime? | |
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The Role of Prisons | |
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Summary | |
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Applying the Concepts | |
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References and Additional Reading | |
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Housing | |
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Why Is Housing Different? | |
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Heterogeneity and Hedonics | |
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Durability, Deterioration, and Maintenance | |
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Moving Costs and Consumer Disequilibrium | |
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The Filtering Model of the Housing Market | |
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Summary | |
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Applying the Concepts | |
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References and Additional Reading | |
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Housing Policy | |
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Public Housing | |
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Housing Vouchers | |
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Community Development and Urban Renewal | |
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Which Housing Policy is Best? | |
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Subsidies for Mortgage Interest | |
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Rent Control and Rent Regulation | |
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Summary | |
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Applying the Concepts | |
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References and Additional Reading | |
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Local Government | |
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The Role of Local Government | |
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The Role of Local Government | |
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Local Public Goods: Equilibrium versus Optimum | |
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Natural Monopoly | |
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Externalities | |
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Federalism and Metropolitan Government | |
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A Closer Look at the Median Voter Result | |
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Summary | |
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Applying the Concepts | |
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References and Additional Reading | |
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Local Government Revenue | |
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Who Pays the Residential Property Tax? | |
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From Models to Reality | |
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The Tiebout Model and the Property Tax | |
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Limits on Property Taxes | |
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Intergovernmental Grants | |
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Applications: Welfare and Education Grants | |
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Summary | |
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Applying the Concepts | |
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References and Additional Reading | |
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Tools of Microeconomics | |
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Index | |