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Understanding how spatial configurations of economic activity emerge is important when formulating spatial planning and economic policy. A simple model was proposed by Simon, who assumed that firms grow at a rate proportional to their size,…

Multiagent Systems · Computer Science 2012-05-01 Jung-Hun Yang , Dick Ettema , Koen Frenken

We develop a model for the evolution of economic entities within a geographical type of framework. On a square symmetry lattice made of three (economic) regions, firms, described by a scalar fitness, are allowed to move, adapt, merge or…

Statistical Mechanics · Physics 2009-11-10 Marcel Ausloos , Paulette Clippe , Andrzej Pekalski

This study simulates the evolution of artificial economies in order to understand the tax relevance of administrative boundaries in the quality of life of its citizens. The modeling involves the construction of a computational algorithm,…

Multiagent Systems · Computer Science 2016-10-10 Bernardo Alves Furtado , Isaque Daniel Rocha Eberhardt

A model for economic behavior, under heterogeneous spatial economic conditions is developed. The role of selection pressure in a Bak-Sneppen-like dynamics with entity diffusion on a lattice is studied by Monte-Carlo simulation taking into…

Physics and Society · Physics 2015-06-26 Marcel Ausloos , Paulette Clippe , Andrzej Pekalski

One dimensional stylized model taking into account spatial activity of firms with uniformly distributed customers is proposed. The spatial selling area of each firm is defined by a short interval cut out from selling space (large interval).…

General Finance · Quantitative Finance 2008-12-02 Zoltan Kuscsik , Denis Horvath

The emergence of interconnected urban networks is a crucial feature of globalisation processes. Understanding the drivers behind the growth of such networks - in particular urban firm networks -, is essential for the economic resilience of…

Physics and Society · Physics 2020-09-14 Juste Raimbault , Natalia Zdanowska , Elsa Arcaute

Industrial symbiosis fosters circularity by enabling firms to repurpose residual resources, yet its emergence is constrained by socio-spatial frictions that shape costs, matching opportunities, and market efficiency. Existing models often…

Computer Science and Game Theory · Computer Science 2026-02-17 Matthieu Mastio , Paul Saves , Benoit Gaudou , Nicolas Verstaevel

Understanding urban growth is one with understanding how society evolves to satisfy the needs of its individuals in sharing a common space and adapting to the territory. We propose here a quantitative analysis of the historical development…

Physics and Society · Physics 2016-04-27 Alessandro Fiasconaro , Emanuele Strano , Vincenzo Nicosia , Sergio Porta , Vito Latora

Residential location choices are traditionally modelled using factors related to accessibility and socioeconomic environments, neglecting the importance of local street-level conditions. Arguably, this neglect is due to data practices.…

Computer Vision and Pattern Recognition · Computer Science 2024-10-24 Sander van Cranenburgh , Francisco Garrido-Valenzuela

This paper studies the evolution of economic activities using a continuous time-space aggregation-diffusion model, which encompasses competing effects of agglomeration and congestion. To bring the model to the real data, a novel…

General Economics · Economics 2024-07-31 Davide Fiaschi , Angela Parenti , Cristiano Ricci

Housing markets are inherently spatial, yet many existing models fail to capture this spatial dimension. Here we introduce a new graph-based approach for incorporating a spatial component in a large-scale urban housing agent-based model…

Computational Finance · Quantitative Finance 2021-03-25 Benjamin Patrick Evans , Kirill Glavatskiy , Michael S. Harré , Mikhail Prokopenko

Recent research in economic theory attempts to study optimal economic growth and spatial location of economic activity in a unified framework. So far, the key result of this literature - asymptotic convergence, even in the absence of…

General Finance · Quantitative Finance 2014-01-21 Gani Aldashev , Serik Aldashev , Timoteo Carletti

We investigated the socioeconomic scaling behavior of all cities with more than 50,000 inhabitants in the Netherlands and found significant superlinear scaling of gross urban product with population size. Of these cities, 22 major cities…

Physics and Society · Physics 2016-02-17 Anthony F. J. van Raan , Gerwin van der Meulen , Willem Goedhart

From some observations on economic behaviors, in particular changing economic conditions with time and space, we develop a very simple model for the evolution of economic entities within a geographical type of framework. We raise a few…

Adaptation and Self-Organizing Systems · Physics 2012-08-31 Marcel Ausloos , Paulette Clippe , Andrzej Pekalski

Industrial symbiosis involves creating integrated cycles of by-products and waste between networks of industrial actors in order to maximize economic value, while at the same time minimizing environmental strain. In such a network, the…

Physics and Society · Physics 2020-04-01 J. Raimbault , J. Broere , M. Somveille , J. M. Serna , E. Strombom , C. Moore , B. Zhu , L. Sugar

Agent Based Modeling (ABM) has become a widespread approach to model complex interactions. In this chapter after briefly summarizing some features of ABM the different approaches in modeling spatial interactions are discussed. It is…

Physics and Society · Physics 2014-05-06 Marcel Ausloos , Herbert Dawid , Ugo Merlone

An agent-based model for firms' dynamics is developed. The model consists of firm agents with identical characteristic parameters and a bank agent. Dynamics of those agents is described by their balance sheets. Each firm tries to maximize…

General Finance · Quantitative Finance 2009-01-14 Hiroshi Iyetomi , Hideaki Aoyama , Yoshi Fujiwara , Yuichi Ikeda , Wataru Souma

This paper is based on the premise that economic growth is driven by an interplay between innovation and imitation in an economy composed of interacting firms operating in a stochastic environment. A novel approach to modeling imitation is…

Pattern Formation and Solitons · Physics 2019-08-15 Olivier Gallay , Max-Olivier Hongler , Fariba Hashemi

Land use choices and activity prevalence in a selected territory are determined by individual preferences constrained by the characteristic of the analysed zone: population density, soil properties, urbanization level and other similar…

Physics and Society · Physics 2009-12-16 S. Ternes , F. Gargiulo , S. Huet , G. Deffuant

Firm clusters are seen as having a positive effect on innovations, what can be interpreted as economies of scale or knowledge spillovers. The processes underlying the success of these clusters remain difficult to isolate. We propose in this…

Multiagent Systems · Computer Science 2022-09-01 Juste Raimbault
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