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The paper presents a pilot version of spatial agent-based model simulating the national economy of Russia. The model is supposed to be used for evaluation the effects of industrial and spatial policies. The object of modeling is multi-regional economic space of Russia in its interaction with...
Persistent link: https://www.econbiz.de/10011480845
Equilibrium in the Hotelling model of spatial competition is guaranteed if the distribution of consumers is log concave. In the real world, nothing guarantees such a log concave distribution however, rendering the analytical model unable to provide a primer as to what one might expect from...
Persistent link: https://www.econbiz.de/10011521674
The notion of compact city has become an important planning agenda to achieve a sustainable urban future. Although there is no universally accepted definition of a compact city, in terms of land use, the concept generally focuses on high-density and mixed-use development along with the promotion...
Persistent link: https://www.econbiz.de/10011475899
Through the experiences of the Great 1994 Hanshin-Awaji earthquake and The Great 2011 (Higashi-Nihon) East Japan Earthquake, it has been important for Japanese local Government to build a comprehensive evacuation program on a large earthquake occurrence in near future. According to the experts'...
Persistent link: https://www.econbiz.de/10011531219
We simulate a closed rental housing market with search and matching frictions, in which both landlord and tenant agents may be imperfectly informed of the characteristics of the market. The model hypotheses are set so as to match a rent posting search model in the spirit of search models of the...
Persistent link: https://www.econbiz.de/10011534335
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The paper describes a spatial economic agent-based model (ABM), consistent with the principles of new economic geography (NEG), which allows the discrete-time evolutionary simulation of complex interactions of household and firm location choices. In contrast with the current ABM approaches, it...
Persistent link: https://www.econbiz.de/10012198579
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