DISCRETE CHOICE THEORY AND THE GENERAL EQUILIBRIUM OF EMPLOYMENT, HOUSING, AND TRAVEL NETWORKS IN A LOWRY-TYPE MODEL OF THE URBAN ECONOMY

Five influential paradigms established by Beckmann, Lowry, Wilson, Mills, and McFadden are unifed by developing a long-run economic general equilibrium model of urban land-use based on probabilistic discrete choice theory. The model takes into account the interdependence of export oriented and service employment with population. Households' choice of employment type, employment location, type and location of housing, shopping destination and choice of travel routes in the journey to work and journey to shop are determined simultaneously by means of stochastic utility maximization. Firms' choices of building type and location and travel occurs on a congestible link-node network. The model determines the wage rate for each employment type in each zone, the price of floor space for each building type in each zone, the price of land in each zone, the price of the locally traded composite commodity in each zone, and the peak and off-peak congested travel-cost and travel-time for each link of the network. The quantity of land which remains undeveloped is also determined. A nonlinear mathematical programming problem is formulated which is equivalent to the general equilibrium problem and is used to prove the existence and uniqueness of the general equilibrium in all the prices and physical allocations. (Author/TRRL)

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/0308518X
• Corporate Authors:

  Pion Limited

  207 Brondesburg Park
  London NW2 5JN,   England 
• Authors:
  • Anas, A
• Publication Date: 1984-11

Media Info

• Features: References;
• Pagination: p. 1489-02
• Serial:
  • Environment and Planning A
  • Volume: 16
  • Issue Number: 11
  • Publisher: Pion Limited
  • ISSN: 0308-518X
  • EISSN: 1472-3409
  • Serial URL: http://www.envplan.com/A.html

Subject/Index Terms

• TRT Terms: Choice models; Dwellings; Economics; Employment; Equilibrium (Mechanics); Itinerary; Jobs; Land use; Location; Mathematical models; Probability; Shopping centers; Stochastic processes; Urban areas; Work trips
• Uncontrolled Terms: Probabilistic analysis; Selection
• ITRD Terms: 308: Dwelling; 255: Economics; 7145: Equilibrium; 699: Itinerary; 621: Journey to work; 356: Land use; 9061: Location; 6473: Mathematical model; 2271: Occupation; 6534: Probability; 9072: Selection; 320: Shopping centre; 6574: Stochastic process; 313: Urban area
• Subject Areas: Data and Information Technology; Economics; Highways; Operations and Traffic Management; Planning and Forecasting; Public Transportation; Society; Terminals and Facilities; I71: Traffic Theory; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 00396654
• Record Type: Publication
• Source Agency: Transport Research Laboratory
• Files: ITRD, TRIS
• Created Date: Sep 30 1985 12:00AM