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- W2068773584 abstract "This paper examines the properties of stationary-state general equilibrium in a monocentric city with durable housing. On the demand side, identical households choose location, housing quality and quantity (floor area), and other goods. On the supply side, developers choose the structural density and time path of quality (which depends on construction quality and maintenance) of buildings. Under a certain set of assumptions, existence and uniqueness of equilibrium are proved, and its comparative static/dynamic properties are determined." @default.
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- W2068773584 date "1999-05-01" @default.
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- W2068773584 title "A general equilibrium spatial model of housing quality and quantity" @default.
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- W2068773584 doi "https://doi.org/10.1016/s0166-0462(98)00035-0" @default.
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