May
23
The Urban Economics of Big City Mayors
In early June 2020, Baltimore's Democratic Primary will take place and the winner will be highly likely to be elected mayor in November. Here is a profile of the key candidates. In this brief blog post, I want to sketch out a few thoughts about Mayors. What do Mayors do? They are the city's leader but are they like a CEO? What powers do they really have?
Perhaps surprisingly, urban economists have not written much about urban elections. Joe and Fernando have done the best work (see here). I co-authored a 2017 paper that examined how urban leaders affects the cost of public transit service.
Candidates for mayor are "differentiated products" that on some abstract level resemble cars or yogurt. Different cars (Tesla, Honda Civic) are substitutes but are not perfect substitutes.
Perhaps surprisingly, urban economists have not written much about urban elections. Joe and Fernando have done the best work (see here). I co-authored a 2017 paper that examined how urban leaders affects the cost of public transit service.
Candidates for mayor are "differentiated products" that on some abstract level resemble cars or yogurt. Different cars (Tesla, Honda Civic) are substitutes but are not perfect substitutes.