How real estate agents behavior affects urban growth : an agent-based model approach

Publication date

2014

Abstract

During the early 2000s Spanish territory has suffered major transformations due to fast urbanization. The main actors involved on this process are: urban planners, real estate agents and population. This paper presents an Agent- Based Model (ABM) which simulates the behavior of those three agents in order to better understand how the interaction of those different actors contributes to the process and produces changes in the territory in the form of urban growth. This study is applied to the Corredor del Henares, an area of 18 municipalities at Madrid Region in Spain. The paper presents the overall model with particular focus on the behavior of Real Estate Agents. Preliminary results suggest the model is capable to produce realistic scenarios and, thus, help to improve the understanding of the dynamics of urban growth in Corredor del Henares.

Document Type

Comunicació de congrés

Language

English

Publisher

 

Related items

Social Simulation Conference ; 1a : 2014

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Rights

open access

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