Abstract
In this paper, a social surplus maximization model to find an optimal urban form and a policy package is developed. Its social surplus function is defined by three factors: 1) household's EV (equivalent variation). 2) vehicle's CO2 emission cost, and 3) changes in land rent. The behaviors of households, developers and landowners in the model are formulated by using a Computable Urban Economic Model (CUE model). To solve this maximization problem, an algorism is developed by using a modified Fowkes's method. Furthermore, the model is applied to Nagoya. Japan in order to show the model's usefulness.
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