Introducing Preference Heterogeneity into a Monocentric Urban Model: an Agent-Based Land Market Model

Filatova, Tatiana and Parker, Dawn C. and Veen van der, Anne (2008) Introducing Preference Heterogeneity into a Monocentric Urban Model: an Agent-Based Land Market Model. In: Second World Congress on Social Simulation, WCSS, July 14-17, 2008, Fairfax, USA.

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Abstract:	This paper presents an agent-based urban land market model. We first replace the centralized price determination mechanism of the monocentric urban market model with a series of bilateral trades distributed in space and time. We then run the model for agents with heterogeneous preferences for location. Model output is analyzed using a series of macro-scale economic and landscape pattern measures, including land rent gradients estimated using simple regression. We demonstrate that heterogeneity in preference for proximity alone is sufficient to generate urban expansion and that information on agent heterogeneity is needed to fully explain land rent variation over space. Our agent-based land market model serves as computational laboratory that may improve our understanding of the processes generating patterns observed in real-world data.
Item Type:	Conference or Workshop Item
Faculty:	Management and Governance (SMG) Engineering Technology (CTW)
Research Group:	Twente Centre for Studies in Technology and Sustainable Development (CSTM) Water Engineering and Management (WEM)
Link to this item:	http://purl.utwente.nl/publications/61137
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