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A model of residential location choice with endogenous housing prices and traffic for the Paris region

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  • de Palma, Andre
  • Motamedi, Kiarash
  • Picard, Nathalie
  • Waddell, Paul

Abstract

There is a growing interest in the development and the use of large-scale planning models. In this paper, we describe the first step of a project to integrate UrbanSim, a dynamic microsimulation land use model, and METROPOLIS, a dynamic traffic model. This is the first attempt, to our knowledge, to integrate a dynamic land use model and a dynamic traffic model. We briefly describe the two models and propose a unified framework for their integration. Within this integrated framework we develop a model of residential location choice, with endogenous housing prices and traffic. The study area for this research is the Ile-de-France (Paris region), for which we provide empirical results.

Suggested Citation

  • de Palma, Andre & Motamedi, Kiarash & Picard, Nathalie & Waddell, Paul, 2005. "A model of residential location choice with endogenous housing prices and traffic for the Paris region," European Transport \ Trasporti Europei, ISTIEE, Institute for the Study of Transport within the European Economic Integration, issue 31, pages 67-82.
    • Handle: RePEc:sot:journl:y:2005:i:31:p:67-82
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    References listed on IDEAS

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    1. de Palma, Andre & Picard, Nathalie & Waddell, Paul, 2007. "Discrete choice models with capacity constraints: An empirical analysis of the housing market of the greater Paris region," Journal of Urban Economics, Elsevier, vol. 62(2), pages 204-230, September.
    2. Richard W. Blundell & Richard J. Smith, 1989. "Estimation in a Class of Simultaneous Equation Limited Dependent Variable Models," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 56(1), pages 37-57.
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