Traffic Congestion and Land Use Regulations : Theory and Policy Analysis

Traffic Congestion and Land Use Regulations: Theory and Policy Analysis explores why, when, where and how land use regulations are utilized in cities to address road transportation congestion. The book shows how to design optimal density and zonal regulations for efficient traffic flow in cities, examines land use regulations using optimal control theory, and offers detailed insights into the mechanisms behind optimal regulations and techniques for exploring spatial optimal policies. Discussions from this book will help highlight the practical usefulness of land use regulations for the maximization of urban social welfare. Uniquely explores land use regulations and traffic congestion from both theoretical and applied perspectives Reviews and summarizes the most recent academic research in urban economics, land use management and transportation congestion Demonstrates important, but less commonly used regulations, such as minimum floor area regulations Provides insights on how to construct smarter cities using the latest research in land use regulations Cover TRAFFIC CONGESTION AND LAND USE REGULATIONS Theory and Policy Analysis Copyright 1 Introduction References 2 Necessity of a minimum floor area regulation Introduction The model The city Household behavior Developers behavior Market clearing conditions Optimal FAR regulations Harberger's welfare function and optimal conditions for FAR regulation Optimal FAR regulations and market equilibrium FAR A case of a monocentric city: Numerical simulation The model city Setup for numerical simulation Numerical results Conclusion Technical Appendix 2 Supplementary note: Harberger welfare function References 3 Differences in optimal land use regulation between a closed city and an open city Introduction The model The city Household behavior Developers behavior with no FAR regulation Developers behavior under FAR regulation Commuting cost: The external factor Market equilibrium conditions Optimal FAR regulation and urban boundary Definition Closed city Open city Comparison of results between closed- and open-city models Conclusion Technical Appendix 3 Mathematical note: Lagrangian method and optimal control theory References 4 Optimal land use regulation in a growing city Introduction The model The city Household behavior Developers behavior Market clearing conditions Maximizing social welfare using FAR regulation Social welfare Optimal dynamic FAR regulation Differences from a static city Exceptional cases FAR regulation in a growing monocentric city under traffic congestion externality Conclusion Technical Appendix 4 References 5 Optimal land use regulations in a city with business areas Introduction The model The city Firms behavior Developers behavior Commuting cost-An external factor Household behavior Market clearing conditions and definitions Optimal land use regulations Maximizing social welfare Optimal FAR and LS regulations Optimal zonal boundaries Numerical simulation The setup Zones C and H Zone B Numerical results Conclusion Technical Appendix 5 References 6 Introducing cordon pricing in a regulated city Introduction The model The city Household behavior Developers behavior under FAR regulation Traffic flow and commuting cost The model under cordon pricing Market equilibrium conditions Optimal cordon pricing and location Optimal land use regulation under cordon pricing Characterization of optimal FAR and UGB regulation Numerical example of optimal cordon pricing and FAR regulation Conclusion Technical Appendix 6 References Further reading 7 Road investment evaluation under land use regulation Introduction The model The city Household behavior Landowners benefit Developers behavior Commuting cost: The external factor Market equilibrium Welfare functions of FAR and UGB regulations and city regimes Optimal FAR Change in FAR according to road investment in each regime Cost-benefit analysis of road investment in a closed city Social welfare Closed city with optimal FAR regulation Closed city with fixed FAR Closed city with no FAR regulation Comparing the three regimes of the closed city Cost-benefit analysis of road investment in an open city Social welfare Open city with optimal FAR regulation Open city with fixed FAR Open city with no FAR regulation Conclusion Technical Appendix 7 References 8 Changes with future ICT technologies and future studies Acknowledgments References Index A B C D E F G H I J K L M N O P Q R S T U W Z Back Cover