Equilibrium Outcomes and Amenity Valuation in a Multispatial Residential Sorting Framework
研究了空间尺度如何影响居民偏好恢复和环境政策效果评估,构建了多空间居住选址模型,发现不同空间尺度上的权衡共同决定选址结果和均衡,并通过福利模拟揭示政策对福利和分配的影响。
This article investigates the role of spatial scale in recovering resident preferences and evaluating policy effects after changes in environmental amenities. As homeowners choose locations, different trade-offs occur across spatial scales, which jointly determine observed choices and equilibrium outcomes. To explore these trade-offs, we develop a multispatial residential location choice model at the school attendance boundary and the residential neighborhood levels that demonstrates the spatially varying influence of environmental amenities on location choice. Furthering this analysis, welfare simulations provide evidence that tradeoffs interact across space in various ways to shape welfare implications and distributional outcomes arising from policy.