ABSTRACT

This chapter discusses several strains of theoretical development and the principal components including the development and extension of urban simulation models, the monocentric model of urban economic theory, random utility theory and discrete choice modeling. Other urban simulations have been developed to analyze a variety of issues related to urban spatial structure, including several housing market models. The chapter summarizes the main elements of the channels of development, beginning with the development of various urban simulation models, particularly gravity models, and proceeding with the primary concepts and applications of urban economics. It focuses on the evolution of the models and reviews other urban simulation models. Race has received substantial attention as an influence on urban spatial structure throughout the development of the field of urban economics. Alex Anas formulates a model of urban spatial structure for a monocentric city using a multinomial Iogit framework, and allowing for the presence of random tastes in an otherwise homogeneous population.