Simultaneous modeling of developer behavior and land prices in UrbanSim

A strong inter-dependence exists between the decision to develop land and the expected returns to be gained from that development. Current practice in UrbanSim modeling treats developer behavior and the emergence of land prices as independent processes. This assumes that land prices are exogenous to...

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Bibliographic Details
Main Authors: Daniel Felsenstein, Eyal Ashbel
Format: Article
Language:English
Published: University of Minnesota Libraries Publishing 2010-09-01
Series:Journal of Transport and Land Use
Online Access:https://www.jtlu.org/index.php/jtlu/article/view/175
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