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MUST-B: a multi-agent LUTI model for systemic simulation of urban policies

Author

Listed:
  • Nathalie GAUSSIER
  • Seghir ZERGUINI

Abstract

This article is part of the STRATEGIE research project co-financed by the Région Nouvelle Aquitaine. It presents the MUST-B model (Integrated Modeling of Land-Use – Transport: for application in the Bordeaux agglomeration) which is based on systemic land-use / transport modeling with regards to how the land and property markets operate, and the interdependent factors for selecting the locations of households and employment. MUST-B is an agent-oriented model which simulates household and job location choices. It is based on an auction mechanism which models competition between agents in the real estate market (existing property holdings, including residential, industrial and tertiary) and in the land property market (from buildable land reserves) over a given timeframe. This auction procedure is based on maximizing the utility provided to the agent by a given location: housing for a household and an area for business activity for employment premises. Utility is a function of several characteristics relating to the space and premises occupied, such as accessibility, surface area, energy quality of the building, notoriety, agglomeration effects and taxes, or property prices, the latter being endogenous. In this article, the mechanisms and functioning of the land property and real estate markets which prevail in MUST-B are presented. Methodological choices and behavioral guidelines for agents (households/workplaces), are also set out, and to illustrate the operational nature of the model, the databases required for implementing the MUST-B in the Bordeaux Urban Area are presented.

Suggested Citation

  • Nathalie GAUSSIER & Seghir ZERGUINI, 2019. "MUST-B: a multi-agent LUTI model for systemic simulation of urban policies," Cahiers du GREThA (2007-2019) 2019-13, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    • Handle: RePEc:grt:wpegrt:2019-13
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    File URL: http://cahiersdugretha.u-bordeaux.fr/2019/2019-13.pdf
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    References listed on IDEAS

    as
    1. S. Zerguini & Y. Bouanan & N. Gaussier, 2017. "Agent-based modeling of urban land-use development : Simulating Housholds and firms location choice in Bordeaux," Post-Print hal-02269452, HAL.
    2. S. Zerguini & N. Gaussier, 2019. "MUST-B an Agent-based Model of Urban Land-use Development: Simulating Households’ and Firms’ Location Choices in Urban Area of Bordeaux," Post-Print hal-02269470, HAL.
    3. Y. Bouanan & S. Zerguini & N. Gaussier, 2017. "Modeling Households and firms location choice using agent-based models : application to the urban area of Bordeaux," Post-Print hal-02268072, HAL.
    4. Youssef Bouanan & Seghir Zerguini & Nathalie Gaussier, 2018. "Agent-based modelling of urban land-use development: modelling and simulating households and economic activities location choice," Post-Print hal-02888023, HAL.
    5. Yves Crozet & Iragaël Joly, 2004. "Travel Time Budgets: Facing the paradoxical management of the "scarcest good" [Budgets temps de transport : les sociétés tertiaires confrontées à la gestion paradoxale du " bien le p," Post-Print halshs-00068933, HAL.
    6. Youssef Bouanan & Nathalie Gaussier & Seghir Zerguini, 2017. "Modeling and simulating households and firms location choice using agent-based models: Application to the urban area of Bordeaux," Post-Print hal-03090759, HAL.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    LUTI; Choice of location; Households; Employment; Accessibility; Real estate prices; Multi-agent; Systemic modeling.;
    All these keywords.

    JEL classification:

    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • R52 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations

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