Urban spatial structure with open space

@inproceedings{Yang1983UrbanSS,
  title={Urban spatial structure with open space},
  author={Chang He Yang and Masahisa Fujita},
  year={1983}
}
Urban open spaces such as parks, open squares, parkways, etc, are considered as amenity resources or local public goods and incorporated into neoclassical urban land-use theory. Models characterizing Pareto efficient allocations and competitive equilibrium allocations with open space are presented. The 'fiscal profitability principle' suggested by Margolis is confirmed to be applicable to determine an efficient distribution of open space. Many interesting results are established. For example… CONTINUE READING

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