Article Abstract:
A general equilibrium model describing the development of acity without agglomerative externalities or market imperfections is developed and analyzed. The model imposes interregional transactions costs and redefines the social optimum concept. It is shown that such a set-up generates a unitary central business district. In addition, the absence of trust in the economy mayyield a standard monocentric city.
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Article Abstract:
A model of the role of marketplaces or trading centres in the agglomeration of population as cities is presented. It is demonstrated that gains to trade, location-specific production and the setup expenses of marketplaces and a mass transportation system can be used to produce agglomeration and city formation.
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Article Abstract:
A model for establishing optimum number of local public facilities such as bus shelters, rest rooms etc. by calculating the population, usage and cost is presented.
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