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Urban scholars have made great advances to understand the reciprocal relations between households and their immediate environments as a means for the creation of efficient urban administrative systems. However, from an urban management perspective, reliance on geographical areas fixed for long...
Persistent link: https://www.econbiz.de/10014285685
The paper presents agent-based model and simulations of the evolution of land developers' industry in a city regulated by a land use plan. We start with developers who are homogeneous in terms of wealth and simulate their economic growth as they make investments in lands and accumulate profits...
Persistent link: https://www.econbiz.de/10011400138