Modeling Neighborhood Change

Explore a 45-minute lecture on modeling neighborhood change, presented by Juan Carlos Martinez Mori from Georgia Tech at IPAM's Mathematical Foundations for Equity in Transportation Systems Workshop. Delve into the complex process of gentrification and its impact on homeowners, newcomers, and incumbent renters. Discover how operational definitions of neighborhood change concepts can be formulated using no-regret dynamics, a collective learning process that leads to approximate equilibrium. Examine a proposed mathematical model that incorporates urban amenities, community ties, and dwelling site upkeep to understand the collective incentive structures influencing dwelling site decision-making. Gain semi-quantitative insights on the spatial economics of neighborhood change through computational experiments, with a focus on the effects of residential zoning policies and transit-related amenity placement.