Kantor, Yuval; Rietveld, Piet; van Ommeren, Jos - In: Journal of Urban Economics 83 (2014) C, pp. 50-58
Mixed commercial and residential land use is observed in most cities around the world. Despite its ubiquity, urban … economic theory is rather silent on the formation of mixed land use. In particular, standard bid rent models typically predict … complete segregation of land use. The two main exceptions are Fujita and Ogawa (1982) and Lucas and Rossi-Hansberg (2002), who …