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Research and Agent-Based Models. National Science Foundation Value Capture for Transportation Finance. State of MinnesotaStudents and Colleagues

By David Levinson, Feng Xie (mwcog and Use X


(Opportunitiesj ∗ f (Cij)) j We can make this as simple or complicated as we likeWhich opportunities? Which cost (Cij)? Which function (f) We don’t need to decide arbitrarily The market tells usThe only reason to locate anywhere in particular is: to possess resources (mining, farming, etc.) to be near something(s) to be far from something(s) Since few of us own mines, especially in the cityThe value of land is determined by it

Year: 2013
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