Locating Street Markets in Smart Cities: A View from Mathematical Modeling and Urban Planning Perspectives

Abstract

Locating facilities has traditionally viewed from different disciplines. However, few studies are interdisciplinary. In this paper, we investigate the location of street markets in smart cities from two perspectives: urban planning and mathematical modelling. Smart city technologies can play a major role in the implementation of street markets: for example, smart street markets can show in real time the availability of products, market prices, etc. In this paper, we propose a mathematical model to locate “smart” street markets in the city of Bogotá (Colombia) with constraints that involve urban planning and public space. The results will show how this strategy can improve the current practice. © 2023, The Author(s), under exclusive license to Springer Nature Switzerland AG.