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SUMMARY:The land-use model MUSSA: theory and implementation
DTSTART:20090202T111500
DTSTAMP:20260413T204207Z
UID:cc309c00813e58457e0667217990a77bff82878f8dfdce25fca0c25e
CATEGORIES:Conferences - Seminars
DESCRIPTION:Prof. Francisco Martinez\, Departamento di ingenieria Civil\, 
 Universidad de Chile\nThe seminar will cover how the urban economic bid-au
 ction theory and the random utility theory are combined to generate the st
 ochastic bid-auction theory that sustains MUSSA (currently CUBE LAND model
 ). The explanations will cover the agents (consumers and suppliers) ration
 al behavior\, the auction market equilibrium\, how location externalities 
 (e.g. agglomeration economies) and suppliers face economies of scale are m
 odeled\, how regulations affect the market\, and how the model predicts em
 erging patterns (agglomeration and segregation\, densities)\, the formatio
 n and distribution of rent across space and utility levels attained by con
 sumers.\n\nBio\n\nFrancisco Martinez is Associate Professor at the Univers
 ity of Chile\, Senior researcher in the Millennium Institute of Complex Sy
 stems in Engineering\, and Advisor to the Rector\, University of Chile. He
  holds the following degrees: PhD with Thesis in the field of Urban Econom
 ics (1991)\, University of Leeds\, UK\; Master of Arts in Transport Econom
 ics (1988)\, University of Leeds\, UK\; and Civil Engineer\, Universidad d
 e Chile (1984). His research focuses on urban systems (Urban and Transport
  Modeling\, Land use\, land prices\, location externalities\, evaluation\,
  regulations and tax/subsidies\, transport and land use interaction)\, Spa
 tial Choice modeling (constrained behavior\, bid-auctions\, calibration me
 thods)\, location models (location demand\, optimization and equilibrium l
 ocation of services (schools and other services)) and Sustainable Urban Sy
 stems (member of the Risk Habitat Megacities Project\, in partnership with
  the Helmhold Society\, Germany). 
LOCATION:GC B3 424
STATUS:CONFIRMED
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