Authors: John F. McDonald* and Daniel P. McMillen

Start Page: 157
End Page: 176
Volume:11
Issue Number: 02
Year: 2003
Publication: Journal of Real Estate Literature

   
Abstract: This article presents a survey of standard microeconomic models that are designed to be used in the cost-benefit analysis of local land use decisions at the individual parcel or block level. The models connect these policy decisions to outcomes in the urban land and labor markets so that costs and benefits can be measured.