Almagor, Jonatan; Benenson, Itzhak; Czamanski, Daniel - European Regional Science Association - 2014
The paper presents agent-based model and simulations of the evolution of land developers' industry in a city regulated … by a land use plan. We start with developers who are homogeneous in terms of wealth and simulate their economic growth as … they make investments in lands and accumulate profits from construction. Over time some developers accumulate wealth …