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You have probably heard of Ricardo's rent theory, which is a perpendicular line. You may also have heard of the rent gradient function, which is a negative curve. So, which one is the correct rent theory? People may choose to live away from city center because of the lower rent, but why is city center still so crowded? Why do developers construct higher buildings in suburb where rent is lowest? All these questions can only be answered, after the introduction of the spatial variable into urban study.
This book combines regional and urban economics, to form 3D Urbanomics. It also explains several urban nightmares, like traffic jam, pollution and crime.
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