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Statements

Subject Item
n2:RIV%2F00216224%3A14560%2F11%3A00074565%21RIV15-MSM-14560___
rdf:type
n19:Vysledek skos:Concept
dcterms:description
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.
dcterms:title
Agent-Based Model of an Urban Retail Market Agent-Based Model of an Urban Retail Market
skos:prefLabel
Agent-Based Model of an Urban Retail Market Agent-Based Model of an Urban Retail Market
skos:notation
RIV/00216224:14560/11:00074565!RIV15-MSM-14560___
n4:aktivita
n7:S
n4:aktivity
S
n4:dodaniDat
n6:2015
n4:domaciTvurceVysledku
n20:5341701
n4:druhVysledku
n17:D
n4:duvernostUdaju
n18:S
n4:entitaPredkladatele
n16:predkladatel
n4:idSjednocenehoVysledku
184853
n4:idVysledku
RIV/00216224:14560/11:00074565
n4:jazykVysledku
n14:eng
n4:klicovaSlova
ACE spatial competition location retail market Brno
n4:klicoveSlovo
n15:ACE%20spatial%20competition%20location%20retail%20market%20Brno
n4:kontrolniKodProRIV
[9D4B2CC96ED9]
n4:mistoKonaniAkce
Janská Dolina, Slovensko
n4:mistoVydani
Prague
n4:nazevZdroje
Proceedings of the 29th International Conference Mathematical Methods in Economics 2011
n4:obor
n10:AH
n4:pocetDomacichTvurcuVysledku
1
n4:pocetTvurcuVysledku
1
n4:rokUplatneniVysledku
n6:2011
n4:tvurceVysledku
Krčál, Ondřej
n4:typAkce
n13:EUR
n4:wos
000309074600062
n4:zahajeniAkce
2011-09-06+02:00
s:numberOfPages
6
n11:hasPublisher
University of Economics, Faculty of Informatics and Statistics
n9:isbn
9788074310584
n5:organizacniJednotka
14560