Computational Model Library

PolicySpace2: modeling markets and endogenous public policies

B Furtado | Published Thu Feb 25 13:21:22 2021 | Last modified Fri Jan 14 13:46:42 2022

Policymakers decide on alternative policies facing restricted budgets and uncertain future. Designing public policies is further difficult due to the need to decide on priorities and handle effects across policies. Housing policies, specifically, involve heterogeneous characteristics of properties themselves and the intricacy of housing markets and the spatial context of cities. We propose PolicySpace2 (PS2) as an adapted and extended version of the open source PolicySpace agent-based model. PS2 is a computer simulation that relies on empirically detailed spatial data to model real estate, along with labor, credit, and goods and services markets. Interaction among workers, firms, a bank, households and municipalities follow the literature benchmarks to integrate economic, spatial and transport scholarship. PS2 is applied to a comparison among three competing public policies aimed at reducing inequality and alleviating poverty: (a) house acquisition by the government and distribution to lower income households, (b) rental vouchers, and (c) monetary aid. Within the model context, the monetary aid, that is, smaller amounts of help for a larger number of households, makes the economy perform better in terms of production, consumption, reduction of inequality, and maintenance of financial duties. PS2 as such is also a framework that may be further adapted to a number of related research questions.

Model of Rental Evictions in Phoenix During the Covid-19 Pandemic

Sean Bergin J Applegate | Published Sat Jul 31 17:39:59 2021 | Last modified Fri Oct 15 20:37:36 2021

The purpose of this model is to explore the dynamics of residency and eviction for households renting in the greater Phoenix (Arizona) metropolitan area. The model uses a representative population of renters modified from American Community Survey (ACS) data that includes demographic, housing and economic information. Each month, households pay their subsistence, rental and utility bills. If a household is unable to pay their monthly rent or utility bill they apply for financial assistance. This model provides a platform to understand the impact of various economic shock upon households. Also, the model includes conditions that occurred as a result of the Covid-19 pandemic which allows for the study of eviction mitigation strategies that were employed, such as the eviction moratorium and stimulus payments. The model allows us to make preliminary predictions concerning the number of households that may be evicted once the moratorium on evictions ends and the long-term effects on the number of evicted households in the greater Phoenix area going forward.

A land-use model to illustrate ambiguity in design

Julia Schindler | Published Mon Oct 15 14:57:13 2012 | Last modified Fri Jan 13 18:39:33 2017

This is an agent-based model that allows to test alternative designs for three model components. The model was built using the LUDAS design strategy, while each alternative is in line with the strategy. Using the model, it can be shown that alternative designs, though built on the same strategy, lead to different land-use patterns over time.

The Pampas Model is an Agent-Based Model intended to explore the dynamics of structural and land use changes in agricultural systems of the Argentine Pampas in response to climatic, technological economic, and political drivers.

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