If everything is so great, how come we have so much to complain about?
There are many articles discussing globalization but in my opinion the theory behind the phenomenon is lacking. I think that many people present globalization as if it is a clear-cut, good or bad issue. Doing so derails our ability to understand it. Globalization is good for some people and bad for others. To support one side of the debate and dismiss another is to turn your ears from the genuine distress of those beside you.
Continue reading “The Fool, the Bad and the Lazy – Globalization Mathematics”
Why would people in one city prefer to ride bicycles more than their neighbors in the town over? Why is it that Uber is viable in some cities but not others? Can we explain the choices we make when preferring one means of transportation over another in one unified theory? Well, it turns out we can. This article starts with a simple request for the TV remote and ends with an analysis of the MAAS’s chances of replacing private ownership of cars.
Continue reading “A Unified Theory of Transportation, applied to Remote Controls, Cars, Bikes and MaaS”
“Where there’s a will there’s a way.” she text me. But even when it comes to sex, as an urban economist I don’t respond well to binary options. “The longer the way, the lesser the will” I replied. Yes, I am that kind of geek.
I would like to talk about some market behaviors in the city that we usually disregard – sex and love. On these “markets” we are simultaneously both the service providers and the customers, no money is involved (yes… by all means, feel free to make your jokes here) and yet Supply and Demand of those are playing a role in the way our cities function.
Continue reading “Sex and the City Economy”
What determines a city’s size and the area of its economic impact? What is the connection between ‘Hassle-distance’ and the theoretical gravity model I’ve demonstrated earlier? I want to elaborate more on the Suppression Zone of the city and I’ll tie it all together here.
Continue reading “Suppression Zone and Hassle-distance, Superman and pizzerias”
Let’s continue with urban mathematics shall we? If you are fascinated with cities as I am it’s a path worth taking. This is the ‘WHY’. The deeper understanding of why the city behaves the way it does.
Let’s see what the model I have developed is actually teaching us. As a reminder, the model progresses up to “Nash equilibrium” for one product, with equal distribution of suppliers and customers. The model illustrates how a market failure was created, similarly to the model of the ice-cream vendors. In this article, I would like to show examples of the phenomena that the model produces.
Continue reading “Gravity Core, Suppression Zone and Leapfrogging… the basics of spatial economics”