Rent‐Commuting Cost Function Versus Rent‐Distance Function
提出一种新的租金函数:租金-通勤成本函数,用于图形化展示标准城市模型,其梯度不受通勤成本函数形式影响且随家庭收入上升而下降,优于传统租金-距离函数。
This paper develops a new way to present standard urban models graphically and a new rent function called the rent‐commuting cost function. The rent‐commuting cost function represents the relationship between rent and total commuting cost. At least theoretically, it is superior to the traditional rent‐distance function in depicting and measuring stylized facts of the city because its gradient is independent of the functional form of the commuting cost function and falls as household income rises.