Lessons learned from spatiotemporal effect of COVID on the population density in the CBD
Juhyeon Kwak,
Ilho Jeong,
Doyun Lee
et al.
Abstract:Alonso (1964) developed the land use and transport interaction theory based on the bid and rent concept. It tells that the central core part of urban areas has the highest housing rental prices, and it gradually decays as it is further away from the center. The city’s district is divided based on the distribution of land prices according to distance from the city center. This fundamental relationship provides a basic insight into how people behave rationally subject to their living budgets. Based on this relat… Show more
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