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This paper presents an Agent-based LOcation Model (ABLOoM). ABLOoM simulates the location decisions of two main types of agents, namely households and firms. The model contains multiple interactions that are crucial in understanding land use changes, such as interactions of agents with other...
Persistent link: https://www.econbiz.de/10005518514
We present a new bilateral agent-based land market model, which moves beyond previous work by explicitly modeling behavioral drivers of land-market transactions on both the buyer and seller side; formation of bid prices (of buyers) and ask prices (of sellers); and the relative division of the...
Persistent link: https://www.econbiz.de/10005481569