01585nas a2200193   4500008004100000022001300041245011500054210006900169300001200238490000700250520087800257653003001135653001301165653001801178653002001196653001701216100002101233856013701254       2010                        eng d  a0022414600aNew Directions for Urban Economic Models of Land Use Change: Incorporating Spatial Dynamics and Heterogeneity.0 aNew Directions for Urban Economic Models of Land Use Change Inco  a65 - 910 v503 aWe review the usefulness of urban spatial economic models of land use change for the study and policy analysis of spatial land use–environment interactions. We find that meaningful progress has been made in econometric and monocentric models extended to account for multiple sources of spatial heterogeneity and in the development of general equilibrium models with spatial dynamics. Despite these advances, more work is needed in developing models with greater realism. Most agent-based computational models of urban land use change currently lack economic fundamentals, but provide a flexible means of linking microlevel behavior and interactions with macrolevel land use dynamics. In combination with empirical methods to identify parameters, this framework provides a promising approach to modeling spatial land use dynamics and policy effects. [ABSTRACT FROM AUTHOR]10aCITIES & towns – Growth10aLAND use10aREAL property10aURBAN economics10aURBAN policy1 aIrwin, Elena, G.  uhttp://proxy.library.oregonstate.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=aph&AN=47856133&site=ehost-live