What Makes Small-City Downtowns Viable?

The paper examines the experience of Connecticut's urban centers over the past century with an eye toward informing public policy. An in-depth qualitative discussion describes the rise and characteristics of urbanism, and then its unraveling. Linear regression analysis then quantifies the impact of various contributory factors on urban economic health in Connecticut cities since 1980. The findings suggest that local policymakers are largely unable to influence economic conditions in their cities.

The Holdout Problem and Urban Sprawl

Developers attempting land assembly often face a potential holdout problem that raises the cost of development. To minimize this extra cost, developers will prefer land whose ownership is less dispersed. This creates a bias toward development at the urban fringe where average lot sizes are larger, resulting in urban sprawl. This paper examines the link between the holdout problem and urban sprawl and discusses possible remedies.