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This paper presents a Schelling-type checkerboard model of residential segregation formulated as a spatial game. It … shows that although every agent prefers to live in a mixed-race neighborhood, complete segregation is observed almost all of … the time. A concept of tipping is rigorously defined, which is crucial for understanding the dynamics of segregation …
Persistent link: https://www.econbiz.de/10003898061
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Reproducing the socio-spatial structure of cities is one of the challenges facing the standard urban economics model of Alonso, Muth, Mills (AMM model). In a widely cited paper, Jan K. Brueckner, Jacques-François Thisse and Yves Zenou (1999) asked "Why is central Paris rich and downtown Detroit...
Persistent link: https://www.econbiz.de/10012491261
In contrast to previous research, I hypothesize that residential segregation patterns do not only result from an … also the increasing share of minority groups diminish the absolute level of racial segregation. The analysis shows that … which they made a bargain. An increase in house price segregation can be observed if individuals strongly undervalue their …
Persistent link: https://www.econbiz.de/10012062373
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We study discrete opinion dynamics in a social network with "stubborn agents" who influence others but do not change …
Persistent link: https://www.econbiz.de/10013131256
This paper presents a Schelling-type checkerboard model of residential segregation formulated as a spatial game. It … shows that although every agent prefers to live in a mixed-race neighborhood, complete segregation is observed almost all of … the time. A concept of tipping is rigorously defined, which is crucial for understanding the dynamics of segregation …
Persistent link: https://www.econbiz.de/10013155581
We introduce tools to capture the dynamics of three different pathways, in which the synchronization of human decision-making could lead to turbulent periods and contagion phenomena in financial markets. The first pathway is caused when stock market indices, seen as a set of coupled...
Persistent link: https://www.econbiz.de/10011906238
Persistent link: https://www.econbiz.de/10012433555
We examine the residential segregation of workers and the unemployed in the 80 largest cities in Germany. Drawing on a … unemployment in unprecedented detail. We document a strong and persistent rise in segregation between workers and the unemployed … rise of segregation was characterized by a third phenomenon: a trend towards "localization", i.e., a tendency of workers …
Persistent link: https://www.econbiz.de/10014550361