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