The Economic Value of Depth
General Economics
2025-06-19 v1 Economics
Abstract
The main goal of this article is to introduce an economic perspective in the social logic of space. Firstly, we describe the economic model of a linear city to show how depth can generate value by creating local monopolies in less integrated spaces. Then, a new syntactic measure, the d-value, is proposed to capture the relation between the depth of some space from outside and the mean depth of all spaces from outside. An application to a public housing estate suggests that economic activities and services may be located in spaces with a d-value close to one. The article is complemented by a Prolog programme with a special predicate to compute the d-value.
Cite
@article{arxiv.2506.15354,
title = {The Economic Value of Depth},
author = {Pedro Afonso Fernandes},
journal= {arXiv preprint arXiv:2506.15354},
year = {2025}
}