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

  title={Introducing Preference Heterogeneity into a Monocentric Urban Model: An Agent-Based Land Market Model},
  author={Tatiana Filatova and Dawn Cassandra Parker and Anne van der Veen},
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… CONTINUE READING


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