- Series Information
- List of Contributors
- Introduction: Land as an Integrating Theme in Economics
- Integrating Regional Economic Development Analysis and Land Use Economics
- Technology Adoption and Land Use
- Are Large Metropolitan Areas Still Viable?
- Modeling the Land Use Change with Biofuels
- Modeling the Determinants of Farmland Values in the United States
- Land Use and Sustainable Economic Development: Developing World
- The Economics of Wildlife Conservation
- Connecting Ecosystem Services to Land Use: Implications for Valuation and Policy
- Land Use and Climate Change
- Land Use, Climate Change, and Ecosystem Services
- Fire: An Agent and a Consequence of Land Use Change
- Land Use and Municipal Profiles
- An Assessment of Empirical Methods for Modeling Land Use
- Equilibrium Sorting Models of Land Use and Residential Choice
- Landscape Simulations with Econometric-Based Land Use Models
- An Economic Perspective on Agent-Based Models of Land Use and Land Cover Change
- Spatial Econometric Modeling of Land Use Change
- Using Quasi-Experimental Methods to Evaluate Land Policies: Application to Maryland’s Priority Funding Legislation
- Applying Experiments to Land Economics: Public Information and Auction Efficiency in Ecosystem Service Markets
- Open Space Preservation: Direct Controls and Fiscal Incentives
- Land Conservation in the United States
- European Agri-Environmental Policy: The Conservation and Re-Creation of Cultural Landscapes
- Agri-Environmental Policies: A Comparison of US and EU Experiences
- Stigmatized Sites and Urban Brownfield Redevelopment
- Regulatory Takings
- Eminent Domain and the Land Assembly Problem
- Future Research Directions in Land Economics
- Subject Index
Abstract and Keywords
This chapter reviews agent-based models of land use change (ABM/LUCC), a new class of computational simulation models that directly represent the decisions and interactions of economic agents at the scale of real-world land management, over a spatially explicit and dynamic virtual landscape. The chapter provides practical guidance and context for land economists who wish to understand, evaluate, and construct ABM/LUCC. It explains their structure in relation to standard economic models and demonstrates how this structure facilitates investigation of novel economic questions, especially those that involve spatial and agent-level heterogeneity in combination. It outlines the novel issues that need to be considered for ABM/LUCC, including but not limited to land market issues such as nonequilibrium dynamics, price expectations, and bounded rationality. It discusses experimental design and analysis challenges unique to ABM models, highlights complementarities between ABM/LUCC and other methods, and outlines important future research directions for this field.
Dawn Cassandra Parker is Associate Professor in the School of Planning at University of Waterloo.
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