Farooq, Bilal; Miller, Eric J.; Chingcuanco, Franco; … - In: The Journal of Transport and Land Use 6 (2013) 1, pp. 41-51
of markets, where consumers exhibit price-taking behavior. While this behavior is ubiquitous, the underlying mechanism … can be captured in a single framework. Here, we present a microsimulation framework of a price-taker market that … specific to urban price-taker markets. This clearing solution is then used to operationalize two price-taker markets, from two …