Bid rent model with audio(1)
22
distance 0 land rent/cost per acre $100 $50 Market price $150 $200 Von Thunen Model
description
from The Global City, Northwestern University, Summer 2011, graduate public policy course
Transcript of Bid rent model with audio(1)
- 1. Von Thunen Model
land rent/cost per acre
$200
Market price
$150
$100
$50
distance
0
2. Von Thunen Model
land rent/cost per acre
$200
Market price
$150
Fixed cost of non-land inputs
$100
$50
distance
0
3. Von Thunen Model
land rent/cost per acre
$200
Market price
$150
Fixed cost of non-land inputs
$100
Transportation cost
$50
distance
0
100 miles
4. Von Thunen Model
land rent/cost per acre
$200
Market price
$150
Fixed cost of non-land inputs
$100
Transportation cost
$50
Max land rent
distance
0
100 miles
5. Von Thunen Model
land rent/cost per acre
$200
Market price
$150
Fixed cost of non-land inputs
$100
Transportation cost
$50
rent gradient
Max land rent
distance
0
100 miles
6. Von Thunen Model
land rent/cost per acre
Market price
$200
$150
Fixed cost of non-land inputs
$100
Transportation cost
$50
Max land rent
distance
0
100 miles
7. Von Thunen Model
land rent/cost per acre
Market price
$200
Fixed cost of non-land inputs
$150
Transportation cost
$100
$50
Max land rent
distance
0
100 miles
150 miles
8. Von Thunen Model
land rent/cost per acre
$200
Market price
$150
Fixed cost of non-land inputs
$100
Transportation cost
$50
Max land rent
distance
0
100 miles
9. Von Thunen Model
land rent/cost per acre
$200
Market price
$150
Fixed cost of non-land inputs
$100
Transportation cost
$50
Max land rent
distance
0
100 miles
200 miles
10. Von Thunen Model
land rent/cost per acre
$200
Market price
$150
Fixed cost of non-land inputs
$100
Transportation cost
$50
Max land rent
distance
0
100 miles
200 miles
11. Von Thunen Model
land rent/cost per acre
$200
$150
$100
rent gradient
$50
Max land rent
distance
0
100 miles
200 miles
12. Von Thunen Model
land rent/cost per acre
$200
$150
$100
rent gradient, services
$50
Max land rent for services
0
100 miles
200 miles
13. Von Thunen Model
land rent/cost per acre
$200
$150
$100
rent gradient, services
$50
rent gradient, manufacturing
0
100 miles
200 miles
14. Bid-Rent Model
land rent/cost per acre
$200
$150
$100
bid-rent curve for a single firm
$50
0
100 miles
200 miles
The slope of the bid-rent curve equals the transportation cost per
mile per acre.
15. Bid-Rent Model
land rent/cost per acre
$200
bid-rent curve for service sector
$150
$100
bid-rent curve for manufacturing sector
$50
0
100 miles
200 miles
16. Bid-Rent Model
land rent/cost per acre
$200
bid-rent curve for service sector
$150
$100
bid-rent curve for manufacturing sector
$50
bid-rent curve for wholesale sector
0
100 miles
200 miles
17. Bid-Rent Model
land rent/cost per acre
$200
bid-rent curve for service sector
$150
$100
bid-rent curve for manufacturing sector
$50
urban land allocation by sector
bid-rent curve for wholesale sector
0
100 miles
200 miles
18. Bid-Rent Model:with zoning
Rent
CBD
Distance
O
A
R
R
O
O = Office
A = Ancillary
R = Residential
19. Bid-Rent Model:with zoning
Rent
CBD
Distance
O
A
R
R
O
O = Office
A = Ancillary
R = Residential
20. Bid-Rent Model:multiple centers
Rent
CBD
Edge City
Distance
O
A
R
R
O
O = Office
A = Ancillary
R = Residential
21. Bid-Rent Model:multiple centers
Rent
CBD
Edge City
Distance
O
A
R
R
O
O
O = Office
A = Ancillary
R = Residential
22. Bid-Rent Model:multiple centers, telecommuting,
transit-oriented development (TOD)
Rent
CBD
Edge City 1
Edge City 2
Distance
