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Avalanches in an extended Schelling model: An explanation of urban gentrification

Diego Ortega, Javier Rodríguez-Laguna and Elka Korutcheva

Physica A: Statistical Mechanics and its Applications, 2021, vol. 573, issue C

Abstract: In this work we characterize sudden increases in the land price of certain urban areas, a phenomenon causing gentrification, via an extended Schelling model. An initial price rise forces some of the disadvantaged inhabitants out of the area, creating vacancies which other groups find economically attractive. Intolerance issues forces further displacements, possibly giving rise to an avalanche. We consider how gradual changes in the economic environment affect the urban architecture through such avalanche processes, when agents may enter or leave the city freely. The avalanches are characterized by power-law histograms, as it is usually the case in self-organized critical phenomena.

Keywords: Sociophysics; Open city; Avalanches; Gentrification (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:573:y:2021:i:c:s0378437121002156

DOI: 10.1016/j.physa.2021.125943

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