Externalities and the urban rent and population density functions: The case of air pollution |
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Authors: | Oscar Fisch |
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Affiliation: | City and Regional Planning Division, The Ohio State University, Columbus, Ohio 43210, USA |
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Abstract: | In this paper, we introduce external diseconomies into the standard model of urban land rent via the case of air pollution, exploring the implications of law making on the urban structure. Three alternative legal arrangements of air pollution damage costs are analyzed: first, the recipient bears the cost; second, the producer bears the cost; and third, the compulsory use of emission control systems in the car. |
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