Jin, Ying; Echenique, Marcial; Hargreaves, Anthony - In: Environment and Planning B: Planning and Design 40 (2013) 6, pp. 1027-1050
This paper presents a recursive spatial equilibrium model for urban activity location and travel choices in large city regions that anticipate major development or restructuring. In the model, producer and consumer choices that adjust quickly to stimuli reach temporary equilibria subject to...