English
Related papers

Related papers: Market Areas in General Equilibrium

200 papers

As countries develop, the relative importance of agriculture declines and economic activity becomes spatially concentrated. We develop a model integrating structural change and regional disparities to jointly capture these phenomena. A key…

General Economics · Economics 2024-12-06 Clement E. Bohr , Marti Mestieri , Frederic Robert-Nicoud

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

The communications and interrelations between different locations on the Earth's surface have far-reaching implications for both social and natural systems. Effective spatial analytics ideally require a spatial representation, where…

Physics and Society · Physics 2024-12-02 Hezhishi Jiang , Liyan Xu , Tianshu Li , Jintong Tang , Zekun Chen , Yuxuan Wang , Hongmou Zhang , Yu Liu

In this paper we focus on spatial Markov population models, describing the stochastic evolution of populations of agents, explicitly modelling their spatial distribution, representing space as a discrete, finite graph. More specifically, we…

Multiagent Systems · Computer Science 2016-10-27 Luca Bortolussi , Cheng Feng

We describe a new model to simulate the dynamic interactions between market price and the decisions of two different kind of traders. They possess spatial mobility allowing to group together to form coalitions. Each coalition follows a…

Statistical Mechanics · Physics 2009-10-31 Filippo Castiglione

The agent-based Yard-Sale model of wealth inequality is generalized to incorporate exponential economic growth and its distribution. The distribution of economic growth is nonuniform and is determined by the wealth of each agent and a…

Statistical Mechanics · Physics 2021-08-26 Kang K. L. Liu , N. Lubbers , W. Klein , J. Tobochnik , B. M. Boghosian , Harvey Gould

Autonomous agents rely on sensor data to construct representations of their environments, essential for predicting future events and planning their actions. However, sensor measurements suffer from limited range, occlusions, and sensor…

Agricultural workers play a vital role in the global economy and food security by cultivating, transporting, and processing food for populations worldwide. Despite their importance, detailed spatial data on the global agricultural workforce…

Applications · Statistics 2024-12-24 Naia Ormaza-Zulueta , Steve Miller , Zia Mehrabi

A dynamical model for the distribution of resources between competing agents is studied. While global competition leads to the accumulation of all the resources by a single agent, local competition allows for a wider resource distribution.…

Adaptation and Self-Organizing Systems · Physics 2009-10-31 Damian H. Zanette

Aims To propose and analyze a general, dynamic, process-oriented theory of the area of distribution. Methods The area of distribution is modelled by combining (by multiplication) three matrices: one matrix represents movements, another…

Populations and Evolution · Quantitative Biology 2022-12-14 Jorge Soberón , Luis Osorio-Olvera

This paper develops a game-theoretic model and an agent-based model to study group formation driven by resource pooling, spatial cohesion, and heterogeneity. We focus on cross-sector partnerships (CSPs) involving public, private, and…

Computer Science and Game Theory · Computer Science 2025-09-24 Chenlan Wang , Jimin Han , Diana Jue-Rajasingh

Contrary to the widely believed hypothesis that larger, denser cities promote socioeconomic mixing, a recent study (Nilforoshan et al. 2023) reports the opposite behavior, i.e. more segregation. Here, we present a game-theoretic model that…

Physics and Society · Physics 2024-03-08 Venkat Venkatasubramanian , Jessica Shi , Leo Goldman , Arun Sankar E. M. , Abhishek Sivaram

Spatially embedded networks are shaped by a combination of purely topological (space-independent) and space-dependent formation rules. While it is quite easy to artificially generate networks where the relative importance of these two…

Physics and Society · Physics 2013-09-10 Franco Ruzzenenti , Francesco Picciolo , Riccardo Basosi , Diego Garlaschelli

The building of mathematical and computer models of cities has a long history. The core elements are models of flows (spatial interaction) and the dynamics of structural evolution. In this article, we develop a stochastic model of urban…

Methodology · Statistics 2018-05-10 L. Ellam , M. Girolami , G. A. Pavliotis , A. Wilson

Policymakers decide on alternative policies facing restricted budgets and uncertain, ever-changing future. Designing public policies is further difficult due to the need to decide on priorities and handle effects across policies. Housing…

Multiagent Systems · Computer Science 2021-10-29 Bernardo Alves Furtado

In this paper, we empirically analyze the spatial distribution of Chinese cities using a method based on triangle transition. This method uses a regular triangle mapping from the observed cities and its three neighboring cities to analyze…

Physics and Society · Physics 2018-01-03 Pan Liu , Xiao-Pu Han , Linyuan Lü

Understanding urban mobility requires models that capture how people interact with and navigate the built environment. We present a scalable, generalizable agent-based framework in which daily schedules emerge from the interplay between…

Physics and Society · Physics 2026-01-30 Sandro M. Reia , Henrique F. de Arruda , Shiyang Ruan , Taylor Anderson , Hamdi Kavak , Dieter Pfoser

We study a statistical model consisting of $N$ basic units which interact with each other by exchanging a physical entity, according to a given microscopic random law, depending on a parameter $\lambda$. We focus on the equilibrium or…

Statistical Mechanics · Physics 2009-11-10 Marco Patriarca , Anirban Chakraborti , Kimmo Kaski

Models of spatial firm competition assume that customers are distributed in space and transportation costs are associated with their purchases of products from a small number of firms that are also placed at definite locations. It has been…

Trading and Market Microstructure · Quantitative Finance 2017-02-22 Alan Roncoroni , Matus Medo

Cities are systems with a large number of constituents and agents interacting with each other and can be considered as emblematic of complex systems. Modeling these systems is a real challenge and triggered the interest of many disciplines…

Physics and Society · Physics 2019-10-23 Marc Barthelemy