Microeconomic Modeling in Urban Science
1st Edition
Description
Microeconomic Modeling in Urban Science proposes an interdisciplinary framework for the analysis of urban systems. It portrays agents as rational beings modeled under the framework of random utility behavior and interacting in a complex market of location auctions, location externalities, agglomeration economies, transport accessibility attributes, and planning regulations and incentives. Francisco Javier Martinez Concha considers the optimal planning of cities as he explores interactions between citizens and between citizens and firms, the mesoscopic agglomeration of firms and the segregation of agents’ socioeconomic clusters, and the emergence of city-level scale laws. Its unified model of city life is relevant to micro-, meso- and macro-scale interactions.
Key Features
- Presents a unified, coherent and realistic framework able to simulate complete urban systems
- Describes the use of discrete–choice and stochastic behavior models in the auction spatial-equilibrium market
- Includes computing outputs from Cube-Land modeling using GIS
Readership
Graduate and PhD students and early career researchers involved in modeling urban systems, primarily in urban and regional economics, transportation economics, economic geography, spatial network analysis, urban and regional planning, and environmental economics
Table of Contents
1. Introduction
2. Accessibility
3. Theory of a discrete urban land market
4. A stochastic model of urban systems
5. Equilibrium analysis
6. Dynamic of urban land use
7. Applications and policy analysis
8. City scale laws
Details
- No. of pages:
- 294
- Language:
- English
- Copyright:
- © Academic Press 2018
- Published:
- 12th July 2018
- Imprint:
- Academic Press
- eBook ISBN:
- 9780128152973
- Paperback ISBN:
- 9780128152966
About the Author
Francisco Martinez Concha
Francisco Javier Martínez Concha is Professor at the University of Chile. His research areas encompass land use theory and modeling, and methods of evaluation of urban management policies (including regulations and subsidies). He is the creator of the Land Model of Santiago (MUSSA) and directs the professional team that develops the computational package CUBE-LAND. He is the editor of three books, author of nine book chapters, and has published 25 ISI-indexed papers.
Affiliations and Expertise
Professor in the Civil Engineering Department within the Faculty of Mathematical and Physical Sciences at the University of Chile, where he is the Dean of Faculty (2018-2022). He is Senior Researcher at the Institute for Complex Systems in Chile (ISCI).