COMPUTATIONAL SOCIAL SCIENCE RESEARCH COLLOQUIUM /COLLOQUIUM IN COMPUTATIONAL AND DATA SCIENCES – Firm Formation and the Regional Allocation of Labor – Keith Waters, PhD

When:
February 1, 2019 @ 3:00 pm
2019-02-01T15:00:00-05:00
2019-02-01T15:15:00-05:00
Where:
CENTER FOR SOCIAL COMPLEXITY SUITE, 3RD FLOOR, RESEARCH HALL
Cost:
Free
Contact:
Karen Underwood
7039939298

Computational Social Science Research Colloquium /
Colloquium in Computational and Data Sciences

Keith Waters, PhD
Schar School of Public Policy
George Mason University

Firm Formation and the Regional Allocation of Labor

Friday, February 01, 3:00 p.m.
Center for Social Complexity Suite, 3rd Floor Research Hall

All are welcome to attend.

Abstract:  The distribution of city-sizes within countries tends to follow a Pareto distribution that satisfies Zipf’s law. Geographically, larger cities tend to be located more distant from one another than smaller cities.  Working towards an explanation of these empirical observations, a geographic extension of Axtell’s agent-based model of endogenous firm formation is presented. The model introduces three components into the underlying model: migration costs, an urban productivity premium, and an urban congestion cost.