Abstract
In this chapter, we demonstrate the detailed record of our efforts to forecast changes in the number of visitors and sales of the city center at Fukuoka City, Japan, caused by a large-scale commercial redevelopment, JR Hakata City. The purpose of doing this is twofold; The first is to describe and record the present state of the art to forecast the effects of urban development policies based coherently on consumer behavior changes, particularly consumer Kaiyu behavior changes. The second is to provide some challenging problems we faced in the present methodology employed and suggest a direction to improve the methodology further.
The uniqueness of our forecasting efforts lies in the approach based on the consumers’ behavior models explaining their choices about the frequency of visits to destinations and, in particular, their choices about how they undertake Kaiyu behaviors or shop-around behaviors among shopping sites in the city center. Consequently, our models become not probability-based ones but frequency-based ones. We also deal with the Kaiyu flows among various districts within a city center in terms of the number of people, revealing the accompanied money flows within the city center.
Furthermore, Fukuoka City is a twin city with two core CBDs, Tenjin, the area with the largest retail agglomeration, and Hakata, having the railroad station terminal redeveloped as JR Hakata City this time. Thus the focus of our forecasting efforts is how Tenjin’s supremacy will change through the large-scale development carried out on one side of the twin cores. The novel feature of our efforts to explore this is that we dig deep into how the supremacy of Tenjin as a destination will change by exploring a causal path, the Hakata’s intervening opportunity effects on the destination Tenjin, from predicting the number of visitors to Tenjin intercepted by Hakata, the midway to the destination Tenjin, after the large-scale retail development at Hakata.
When carrying out our forecastings, we utilize several methods we developed ourselves, such as the weighted Poisson models for the on-site samples, the Kaiyu Markov model with covariates, and the consistent estimation method for the Kaiyu path density from the on-site samples. These methods correspond to respective aspects of a unique individual’s entire behavior. Thus the results obtained from these methods should have coherency. However, the most challenging problem we faced in our forecasting task was how to keep consistency between the results from different models and data. Therefore, while describing the detailed records of our forecasting efforts, we also indicate and discuss how to address the problem and improve the present methodology.