Leo van den Berg is professor of regional and urban economics at the Erasmus University, Rotterdam. He is director of the European Institute for Comparative Urban Research (Euricur), and is scientific coordinator of the master's program in urban management. He is author or coauthor of a number of books, including Urban Europe, A Study of Growth and Decline (1982), Urban Systems in a Dynamic Society (1987), Spacial Cycles (1987), Governing Metropolitan Regions (1993), Urban Tourism (1995), Metropolitan Organizing Capacity (1997), National Urban Policies in the European Union (1998), and The European High-Speed Train and Urban Development (1998).

Anthony Downs has been a senior fellow at the Brookings Institution since 1977. Before that, he was for 17 years a member, and for four years chairman, of the Real Estate Research Corporation, a nationwide consulting firm specializing in real estate market studies, appraisals, urban policy studies, and demographic analyses. His fields include housing, real estate finance and location, urban affairs, urban planning, and race relations. He has published 13 books and more than 360 articles. He is the author of An Economic Theory of Democracy, Inside Bureaucracy, Who Are the Urban Poor?, Opening Up the Suburbs, Neighborhoods and Urban Development, and Stuck in Traffic, and coauthor of Urban Decline and the Future of American Cities.

Gianluigi Gorla is a research fellow at the University of Trento, Italy, where he teaches a course in spatial economics, and researcher at the department of economics at Bocconi University of Milan. His main research fields are urban and regional economics and policies. He has recently coedited (with Flavio Boscacci) Local Competitive Economies.

Joseph Gyourko is director of the Zell/Lurie Real Estate Center, and professor of real estate and finance, at the Wharton School of the University of Pennsylvania. His research interests include real estate finance, local public finance, and urban economics. Professor Gyourko recently was named coeditor of Real Estate Economics, the journal of the American Real Estate and Urban Economics Association, and he serves on the editorial boards of the Journal of Real Estate Finance and Economics, the Journal of Regional Science, Real Estate Finance, and the Journal of the Asian Real Estate Society. Newly appointed as a nonresident senior fellow at the Brookings Institution, he is also a fellow of the Urban Land Institute and a member of the National Council of Real Estate Investment Fiduciaries.

Peter Hall is professor of planning at University College, London, and professor emeritus of city and regional planning at the University of California, Berkeley. He is the author or editor of over 30 books on problems of urban development and planning, including Cities of Tomorrow and Cities in Civilization. He is editor of the journal Built Environment.

Mark Alan Hughes graduated from Swarthmore College and holds a doctorate from the University of Pennsylvania. He is the author of numerous scholarly articles, including "Decentralization and Accessibility," which was published in the Journal of the American Planning Association and won the Association's National Planning Award in 1992. A former professor at Princeton University, Hughes has taught at Harvard, Swarthmore, and the University of Pennsylvania. Since 1994, he has been vice president for policy development at Public/Private Ventures in Philadelphia.

Helen F. Ladd is professor of public policy studies and economics at Duke University, where she is also director of graduate studies in public policy. An expert on state and local public finance, Professor Ladd has written extensively on the property tax, education finance, tax and expenditure limitations, intergovernmental aid, state economic development, and the fiscal problems of U.S. cities. In addition, she has coauthored books on discrimination in mortgage lending and the capitalization of property taxes and edited a volume on tax and expenditure limitations. Her most recent books (with John Yinger) are America's Ailing Cities: Fiscal Health and the Design of Urban Policy (Johns Hopkins University Press, 1989; updated edition, 1991), Holding Schools Accountable: Performance-Based Reform in Education (Brookings Institution, 1996), and Local Government Tax and Land Use Policies in the United States: Understanding the Links (Edward Elgar, 1998).

Charles L. Leven is professor emeritus of economics at Washington University and distinguished professor of public policy at the University of Missouri-St. Louis. Previously he served on the faculty at Iowa State University, the University of Pennsylvania, and the University of Pittsburgh, and was an economist at the Federal Reserve Bank of Chicago. His post recent published papers include "Economics of Regional Decentralization: Lessons from U.S. Experience," "Quality of Life in Central Cities and Suburbs," and "Casino Gaming in Missouri: The Spending Displacement Effect and Gaming's Net Economic Impact." He is a past president of the Regional Science Association, a former distinguished fellow of the Southern Regional Science Association, and a recipient of the Walter Isard Award for Distinguished Scholarship in Regional Sciences.

Peter D. Linnemann is senior managing director of Equity International Properties, Ltd., and also serves as vice-chairman of Equity Group Investments, Inc. He is a leading real estate industry strategist, researcher, and market analyst. Dr. Linneman was the Albert Sussman Professor of Real Estate, Finance, and Public Policy at the Wharton School of the University of Pennsylvania. He served as director of the Wharton Real Estate Center for 13 years and was the founding chairman of the real estate department. He has published and consulted extensively in real estate, corporate strategy, and finance, and is one of the founding coeditors of the Wharton Real Estate Review.

Anaïs Loizollon is a policy and program analyst at Public/Private Ventures and is the author of several reports on critical policy issues facing Philadelphia's low-income neighborhoods. Her research on metropolitan labor markets, welfare reform, child welfare, and juvenile justice has been supported by the Pew Charitable Trusts, the Rockefeller Foundation, and the William Penn Foundation.

Michael I. Luger is professor of public policy analysis and management at the University of North Carolina at Chapel Hill. He serves as chairman of the Curriculum in Public Policy Analysis and as director of the university's Office of Economic Development. He has written extensively about urban and regional economics and development, infrastructure, and public policy. His most recent book (with Kenneth Temkin) is The Cost of Red Tape: Regulation and the Price of Housing, to be published in 1999 by Rutgers University Press.

Rainer Mackensen is professor emeritus of sociology at the Technical University of Berlin. His main fields of research are population and urban and regional studies. Before moving to Berlin in 1968, he worked as research director at the Social Research Institute of Münster University at Dortmund, Germany, and taught at the Ulm School of Design and at Münster University. He is a past president of the German Association of Futures Research and of the German Society of Population Research. He has published numerous books and articles, including The Demography of the Later Phases of the Family Life Cycle (with C. Höln and P. Greebenik) and Population Movements in the European Community (with W. Schwartz and M. Wingen).

Duncan Maclennan is the Mactaggart Chair of Land Economics and Finance at the University of Glasgow. He is director of the ESRC Cities Programme[?] and chairman of the JRF Area Regeneration Programme[?] and is a member of the Treasury Panel of Advisers on Public Services/Microeconomic Policy. He has been a member of the Board of Scottish Homes, which spends £300 million annually on housing and regeneration, since its inception in 1989. Professor Maclennan was made a C.B.E. in the Birthday Honours List of June 1997.

Edwin S. Mills is professor emeritus of real estate at the Kellogg Graduate School of Management, Northwestern University. He has held faculty positions in economics at Princeton and Johns Hopkins Universities and at the Massachusetts Institute of Technology. For 30 years, his teaching and research have been devoted to urban economics and real estate. He has written many books and papers on those subjects and is coauthor (with Bruce Hamilton) of Urban Economics, now in its fifth edition.

Dick Netzer is professor of economics and public administration at the Wagner Graduate School of Public Service of New York University. He has written and done research in urban economics and public finance for nearly 50 years, with extensive experience as a member of governmental policy making and advisory boards and commissions, especially in New York City and New York state.

John B. Parr is professor of regional and urban economics at the department of urban studies at the University of Glasgow and has held positions at a number of other institutions, including the University of Pennsylvania and the University of Washington. He has coauthored and coedited four volumes on urban structure and regional analysis and has published journal articles on regional development, the analysis of urban systems, and the spatial structure of the regional economy. He is currently a member of the management board of Urban Studies and serves on the editorial boards of three other journals on urban and regional analysis.

John M. Quigley is Chancellor's Professor of Economics and Public Policy at the University of California, Berkeley. His research specialties include the analysis of urban housing and labor markets and local public finance. He is the author of 10 books and a large collection of articles in scholarly journals on public finance and the urban economy. His latest book is a two-volume collection, The Economics of Housing (Edward Elgar and Co., 1998).

Joseph Tracy is an assistant vice-president in the Domestic Research Department of the Federal Reserve Bank of New York. He has held academic positions in the economics departments at Yale University and Columbia University. His research focuses on labor and housing markets.

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