Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please analyze and contrast the Introduction and Literature Review of the articles below.A synthesis discussing the economic impact of Aerotropolion economies should be submitted. Organization

Please analyze and contrast the Introduction and Literature Review of the articles below.A synthesis discussing the economic impact of Aerotropolion economies should be submitted.

Organization of Land Surrounding Airports: The Case of the Aerotropolis

  1. Ricardo Flores-Fillol,Miquel-ngel Garcia-Lpez, andRosella Nicolini

Abstract

We analyze the conditions driving the organization of the territory near airports by studying the distribution of economic activities. We consider how commercial firms, service operators, and consumers compete for land. The theoretical setting identifies an aerotropolis (airport city) as a land equilibrium outcome characterized by the following spatial sequence: services area, commercial area, residential area. Using data on the distribution of establishments in the United States, we analyze the existence and determinants of aeropolitan configurations. Estimations performed with parametric methods detect some interesting dynamic patterns affecting the density and distribution of activities around selected U.S. airports.(JEL R12, R15)

DEVELOPING A SUCCESSFUL AEROTROPOLIS BY USING A HYBRID MODEL UNDER INFORMATION UNCERTAINTY

  • James J. H. LiouAffiliation;Chao-Che HsuAffiliation;Chun-Sheng Joseph LiAffiliation;Pedro Jose Gudiel PinedaAffiliation;Gin-Weng ChangAffiliation

DOI:https://doi.org/10.3846/20294913.2017.1289484

Abstract

Many airports are being expanded from transportation centers to economic hubs. This new type of urban area has been termed the aerotropolis or airport metropolis and is meant to function as an economic center with land-use that link local and global markets. However, to find the optimal means for developing an aerotropolis requires additional research, particularly from the viewpoint of long-term public policy and planning. In this study, a multiple criteria decision making model was applied to explore the key factors for successfully building an aerotropolis. We first applied the Decision-making Trial and Evaluation Laboratory based Analytical Network Process to construct the complex system and influential weights. A modified VIKOR method was then utilized to explore the gaps between the aspiration levels and the current situation. In addition, considering the uncertainty of decision-makers, fuzzy theory was integrated into the model. Data from the Taoyuan Aerotropolis in Taiwan were used to demonstrate this method. The results indicate that internationalization is the most crucial factor within the system, and that administrative efficiency has the highest degree of net influence. The largest weighted gap to the examined aspiration level is adequate regulation. Management implications are provided in the discussion.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Consumer Behaviour

Authors: Evans, Martin Evans

2nd Edition

0470994657, 9780470994658

More Books

Students also viewed these Economics questions

Question

Why might a corporation issue a stock dividend to its shareholders?

Answered: 1 week ago

Question

Define Administration and Management

Answered: 1 week ago

Question

Define organisational structure

Answered: 1 week ago

Question

Define line and staff authority

Answered: 1 week ago

Question

Define the process of communication

Answered: 1 week ago

Question

Explain the importance of effective communication

Answered: 1 week ago

Question

Engage everyone in the dialogue

Answered: 1 week ago