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An analytical model of urban housing markets

โœ Scribed by James F. Courtney


Book ID
113201435
Publisher
Elsevier Science
Year
1974
Tongue
English
Weight
896 KB
Volume
8
Category
Article
ISSN
0038-0121

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This paper introduces an agent-based micro-simulation model of housing market processes. The model describes aggregate housing market developments, such as price and turnover, as the outcome of households' decisions to search for a new dwelling, accept an offered dwelling or sell their dwelling. An