The urban economy as a scale-free network

Details The urban economy as a scale-free network The urban economy as a scale-free network

2003-03-25

arxiv.org/abs/cond-mat/0303535v2

Physics

Condensed Matter

Disordered Systems and Neural Networks

Submitted to Phys. Rev. E. 7 pages, 3 figures. (Minor typos and details fixed)

Scientific paper

10.1103/PhysRevE.68.036124

We present empirical evidence that land values are scale-free and introduce a network model that reproduces the observations. The network approach to urban modelling is based on the assumption that the market dynamics that generates land values can be represented as a growing scale-free network. Our results suggest that the network properties of trade between specialized activities causes land values, and likely also other observables such as population, to be power law distributed. In addition to being an attractive avenue for further analytical inquiry, the network representation is also applicable to empirical data and is thereby attractive for predictive modelling.

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