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The Formation of Urban Spatial Structures

Markets vs Design

+ Alain Bertaud

Abstract

As cities develop there grows a trade-off between land consumption and commuting efficiency: the larger the area of land consumed per household and per worker, the longer the commuting distance between firms and households and the larger the commuting time and cost. This paper explores how markets and design can each contribute to the creation of an urban spatial structure that provides an optimum trade-off for all firms and households.

 

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Alain Bertaud is a Senior Fellow at the Marron Institute.

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