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Dr. Keith Waters to present

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at the Computational Social Science Research Colloquium in Computational and Data Sciences on Friday, February 1, 2019. Dr. Waters is with the Schar School of Public Policy at George Mason University. His talk, entitled “Firm Formation and the Regional Allocation of Labor” (abstract below), will begin at 3:00 in the Center for Social Complexity Suite located on the 3rd floor of Research Hall. The talk will be followed by a Q&A session along with light refreshments.

This session will be live-streamed on the YouTube channel:

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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.