Results of an agent-based market simulation for transferable development rights (TDR) in Switzerland
Authored by Gianluca Menghini, Fabian Gemperle, Irmi Seidl, Kay W Axhausen
Date Published: 2015
DOI: 10.1068/b120066p
Sponsors:
Swiss National Science Foundation (SNSF)
Platforms:
Repast
Model Documentation:
Other Narrative
Flow charts
Mathematical description
Model Code URLs:
Model code not found
Abstract
Transferable development rights (TDR) are discussed or applied in
various countries for a wide variety of purposes: notably to increase
building densities, preserve natural areas, compensate reduced
development possibilities, and control land use in rural areas. In
Switzerland, TDR, a market-oriented planning instrument, might be used
to reduce the land-use problems related to the unsustainable development
of the settlement areas and to manage problems with the spatially
imbalanced supply and demand of existing undeveloped building zones. Our
aim is to briefly introduce a TDR market concept for Switzerland, present an empirically calibrated agent-based TDR market simulation, and
finally analyze the detailed simulation results. We ran the simulation
with four different settings which allowed an analysis of relevant
political and economic questions for Switzerland. The results show that
the TDR prices were comparable with existing land prices in Switzerland.
In addition, we are able to show that with the trade of TDR it would be
possible to downzone 11.4 km(2) of building zone land for which there is
no demand and to develop 7.4 km(2) of new building zone land up to the
year 2018. Consequently, the defined building zone area would decrease, which would be in line with political objectives.
Tags
models
systems