Matches in SemOpenAlex for { <https://semopenalex.org/work/W3144875438> ?p ?o ?g. }
Showing items 1 to 69 of
69
with 100 items per page.
- W3144875438 abstract "In recent decades, many countries have experienced suburbanization processes in metropolitan areas that have lead to an increase in urban sprawl by creating a growing polarity between newly formed satellite communities and the central urban area. More than before, work and residence location diverged. In this context, commuting and migration are two fundamental ways of connecting an individual's place of work with his residence. These distinctive mobility modes represent temporary and permanent mobility, respectively. Deciding for any of the two incurs peculiar costs. Commuting requires recurring costs that the individual has to bear without permanently changing his residence. In contrast, migration relocates the place of residence and can therefore prevent periodical mobility costs. Due to this fact, migration can serve as an alternative to commuting in respect to connecting the place of residence with the work place. This paper represents work in progress on the individual decision between commuting and migrating to the place of work in face of uncertain commuting costs. Solutions for two initial states are derived on the basis of the real options theory. The threshold commuting cost levels at which it is optimal for the individual to relocate to the suburb when initially living in the metropolitan center and to relocate to the city center when initially living in the suburb are presented and compared to the classical net present value solution without uncertainty about commuting costs. The effect of uncertainty about the evolution of commuting costs on the optimal decision denotes a remarkable result of this model: higher uncertainty lowers the commuting cost threshold for outmigration to the suburb, while increasing it for inmigration to the city center. On the one hand, individuals initially not commuting but living in the city center deter a possible outmigration even under increasingly unfavorable rental cost conditions. On the other hand, individuals initially living in the suburb are willing to bear significantly higher commuting costs before eventually relocating to the metropolitan center." @default.
- W3144875438 created "2021-04-13" @default.
- W3144875438 creator A5090249756 @default.
- W3144875438 date "2011-09-01" @default.
- W3144875438 modified "2023-09-27" @default.
- W3144875438 title "Commuting and Migration Decisions under Cost Uncertainty" @default.
- W3144875438 hasPublicationYear "2011" @default.
- W3144875438 type Work @default.
- W3144875438 sameAs 3144875438 @default.
- W3144875438 citedByCount "0" @default.
- W3144875438 crossrefType "posted-content" @default.
- W3144875438 hasAuthorship W3144875438A5090249756 @default.
- W3144875438 hasConcept C127413603 @default.
- W3144875438 hasConcept C147176958 @default.
- W3144875438 hasConcept C158739034 @default.
- W3144875438 hasConcept C162324750 @default.
- W3144875438 hasConcept C166957645 @default.
- W3144875438 hasConcept C18762648 @default.
- W3144875438 hasConcept C205649164 @default.
- W3144875438 hasConcept C26271046 @default.
- W3144875438 hasConcept C2776081408 @default.
- W3144875438 hasConcept C2776269092 @default.
- W3144875438 hasConcept C2779343474 @default.
- W3144875438 hasConcept C4249254 @default.
- W3144875438 hasConcept C487182 @default.
- W3144875438 hasConcept C49545453 @default.
- W3144875438 hasConcept C78519656 @default.
- W3144875438 hasConceptScore W3144875438C127413603 @default.
- W3144875438 hasConceptScore W3144875438C147176958 @default.
- W3144875438 hasConceptScore W3144875438C158739034 @default.
- W3144875438 hasConceptScore W3144875438C162324750 @default.
- W3144875438 hasConceptScore W3144875438C166957645 @default.
- W3144875438 hasConceptScore W3144875438C18762648 @default.
- W3144875438 hasConceptScore W3144875438C205649164 @default.
- W3144875438 hasConceptScore W3144875438C26271046 @default.
- W3144875438 hasConceptScore W3144875438C2776081408 @default.
- W3144875438 hasConceptScore W3144875438C2776269092 @default.
- W3144875438 hasConceptScore W3144875438C2779343474 @default.
- W3144875438 hasConceptScore W3144875438C4249254 @default.
- W3144875438 hasConceptScore W3144875438C487182 @default.
- W3144875438 hasConceptScore W3144875438C49545453 @default.
- W3144875438 hasConceptScore W3144875438C78519656 @default.
- W3144875438 hasLocation W31448754381 @default.
- W3144875438 hasOpenAccess W3144875438 @default.
- W3144875438 hasPrimaryLocation W31448754381 @default.
- W3144875438 hasRelatedWork W1034818394 @default.
- W3144875438 hasRelatedWork W1528106345 @default.
- W3144875438 hasRelatedWork W1539846927 @default.
- W3144875438 hasRelatedWork W1544483390 @default.
- W3144875438 hasRelatedWork W1965825239 @default.
- W3144875438 hasRelatedWork W1978778132 @default.
- W3144875438 hasRelatedWork W2043313523 @default.
- W3144875438 hasRelatedWork W2078890250 @default.
- W3144875438 hasRelatedWork W2089414761 @default.
- W3144875438 hasRelatedWork W2098390201 @default.
- W3144875438 hasRelatedWork W2197760355 @default.
- W3144875438 hasRelatedWork W2373808967 @default.
- W3144875438 hasRelatedWork W2380209757 @default.
- W3144875438 hasRelatedWork W242016895 @default.
- W3144875438 hasRelatedWork W3039361037 @default.
- W3144875438 hasRelatedWork W3122069606 @default.
- W3144875438 hasRelatedWork W3122534546 @default.
- W3144875438 hasRelatedWork W3136277961 @default.
- W3144875438 hasRelatedWork W3140631864 @default.
- W3144875438 hasRelatedWork W3160701152 @default.
- W3144875438 isParatext "false" @default.
- W3144875438 isRetracted "false" @default.
- W3144875438 magId "3144875438" @default.
- W3144875438 workType "article" @default.