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  • The paper presents an agent-based model of an urban retail market that explains the stylized facts about the location of shops in Brno/CZ. More specifically, it explains why some types of shops are more dominant in the center, some in the inner city, and some in the periphery of the city. In the model, consumers spend their incomes in different types of shops located randomly in a square city. The types of products sold in the shops differ in the transportation costs and in the proportion of the income spent on them. The consumers buy each type of product in the shops with the lowest price plus the per-unit transportation cost. The price of each good is determined by the profit margin assigned randomly to each shop. In each period, new shops of all types enter the market and locate randomly in the city, and some of the shops in loss exit the market. This way the urban retail market evolves toward an optimal structure; i.e. toward the optimal prices, sizes, and locations of shops.
  • The paper presents an agent-based model of an urban retail market that explains the stylized facts about the location of shops in Brno/CZ. More specifically, it explains why some types of shops are more dominant in the center, some in the inner city, and some in the periphery of the city. In the model, consumers spend their incomes in different types of shops located randomly in a square city. The types of products sold in the shops differ in the transportation costs and in the proportion of the income spent on them. The consumers buy each type of product in the shops with the lowest price plus the per-unit transportation cost. The price of each good is determined by the profit margin assigned randomly to each shop. In each period, new shops of all types enter the market and locate randomly in the city, and some of the shops in loss exit the market. This way the urban retail market evolves toward an optimal structure; i.e. toward the optimal prices, sizes, and locations of shops. (en)
Title
  • Agent-Based Model of an Urban Retail Market
  • Agent-Based Model of an Urban Retail Market (en)
skos:prefLabel
  • Agent-Based Model of an Urban Retail Market
  • Agent-Based Model of an Urban Retail Market (en)
skos:notation
  • RIV/00216224:14560/11:00074565!RIV15-MSM-14560___
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • S
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
http://linked.open.../riv/druhVysledku
http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 184853
http://linked.open...ai/riv/idVysledku
  • RIV/00216224:14560/11:00074565
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • ACE spatial competition location retail market Brno (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...ontrolniKodProRIV
  • [9D4B2CC96ED9]
http://linked.open...v/mistoKonaniAkce
  • Janská Dolina, Slovensko
http://linked.open...i/riv/mistoVydani
  • Prague
http://linked.open...i/riv/nazevZdroje
  • Proceedings of the 29th International Conference Mathematical Methods in Economics 2011
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...UplatneniVysledku
http://linked.open...iv/tvurceVysledku
  • Krčál, Ondřej
http://linked.open...vavai/riv/typAkce
http://linked.open...ain/vavai/riv/wos
  • 000309074600062
http://linked.open.../riv/zahajeniAkce
number of pages
http://purl.org/ne...btex#hasPublisher
  • University of Economics, Faculty of Informatics and Statistics
https://schema.org/isbn
  • 9788074310584
http://localhost/t...ganizacniJednotka
  • 14560
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