## Location and land use: toward a general theory of land rent |

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### Contents

Introduction and Review | 1 |

Equilibrium of the Household | 18 |

individual equilibrium 19 C Mathematical solution | 30 |

Copyright | |

9 other sections not shown

### Common terms and phrases

agricultural agricultural theory analysis appendix bid price curves bid price function budget balance equation chapter commuting costs considered constant ranking consumption function convex curves costs of friction decrease demand diagram Diagrammatic differential distance dk/dt economic rent equal equation 2:1 equilibrium bid price equilibrium location equilibrium price-locations Figure free-market given higher income increase indifference curve indifference surface individual equilibrium individual's inequality Land Economics land market land values landlord level of satisfaction location theory locus of opportunities lot-size lower mapping marginal costs marginal price marginal price-location marginal rate marginal revenue marginal utility market equilibrium maximize maximum-lot minimum-lot zoning negative obtain occupancy operating costs population preferable price of land price structure problem quantity of land rate of substitution ratio regression rewritten shape spatial steeper theory tion transport costs ujuz urban firm Urban Land user of land utility function variables Wingo zero