Choice and Allocation Models for the Housing Market

摘要: 1 Introduction.- 1.1 The Problem.- 1.2 Analytical Tools.- 1.3 A Summary of the Book.- A: General.- 2 Individual Choice Behaviour.- 2.1 2.2 Additive Random Utility Models.- 2.2.1 Discrete Choices: Stepwise Approach.- 2.2.2 Theory.- 2.2.3 2.2.4 Continuity and Differentiability Probability Functions.- 2.2.5 Gross Substitutability.- 2.2.6 Price Sensitivity.- 2.3 Examples 2.3.1 Probit 2.3.2 Generalized Extreme Value 2.3.3 Discussion.- 2.4 in a Dynamic Context.- 2.4.1 State Dependence.- 2.4.2 Deterministic Variation versus Stochastic Instability.- 2.4.3 Alternative Interpretations.- 2.4.4 2.4.5 Inertia.- 2.5 Conclusion.- Notes.- 3 Uncertainty Consistency 3.1 3.2 under Uncertainty.- 3.2.1 Maximization 3.2.2 Three Conditions.- 3.2.3 Derivation Model.- 3.2.4 3.3 Evaluation.- 3.3.1 Comparison with Conventional Demand 3.3.2 Modified Logit 3.3.3 3.3.4 Are there Models ?.- 3.4 Welfare Economics 3.4.1 Expected Maximum Utility.- 3.4.2 Invariance Utilities.- 3.4.3 Case 3.5 4 From Micro to Meso Analysis.- 4.1 4.2 Complete Description Market.- 4.2.1 4.2.2 One Class Actors.- 4.2.3 Multiple Classes 4.2.4 Interaction between Classes.- 4.2.5 Origin-Dependent Probabilities.- 4.2.6 Entry Exit.- 4.2.7 4.3 Aggregation.- 4.3.1 Processes.- 4.3.2 Markov Assumption.- 4.3.3 Master Equation.- 4.3.4 Convergence an Interactive Chain.- 4.4 Relationship Spatial 4.4.1 4.4.2 Entropy Maximization.- 4.4.3 4.5 5 Allocation Actors within 5.1 Constraints on Aggregate 5.1.1 Mechanisms.- 5.1.2 Preliminaries.- 5.2 Equilibrium.- 5.2.1 5.2.2 Market Function.- 5.2.3 Existence Uniqueness 5.2.4 Necessary Sufficient Condition for Uniqueness.- 5.2.5 Review Literature.- 5.2.6 Interpretation 5.2.7 5.3 Rationing.- 5.3.1 5.3.2 5.3.3 Behaviour Demand.- 5.3.4 Uniform Rationed 5.3.5 Mixed 5.3.6 Origin-Specific Realization 5.3.7 An Additional 5.3.8 5.3.9 5.4 Some Final Remarks.- 6 Meso-Model its Dynamics.- 6.1 6.2 General 6.2.1 Description.- 6.2.2 Movements from Another.- 6.2.3 Further Specification.- 6.2.4 Formulation.- 6.2.5 6.3 Dynamics: Perron-Frohenius Theory Extensions.- 6.3.1 6.3.2 Linear Case.- 6.3.3 Extensions o Original Theorem: Homogeneous Systems.- 6.3.4 6.4 Related Approaches.- 6.4.1 6.4.2 Brouwer's Fixed Point Theorem Steady States.- 6.4.3 Global Univalence 6.4.4 Stability 6.4.5 Nonlinear 6.5 Concluding B Housing 7 Market: Specification 7.1 7.2 Demanders.- 7.2.1 7.2.2 Process.- 7.2.3 System.- 7.2.4 Steady-State Solution 7.2.5 Features Steady-State.- 7.2.6 7.3 Basic 7.3.1 7.3.2 Heterogeneous Households.- 7.3.3 Changes Rationing Procedure.- 7.4 Simulation Exercises.- 7.4.1 7.4.2 One-Class 7.4.3 Population.- 7.4.4 Various Procedures.- 7.5 8 Household Demography.- 8.1 8.2 Limits Transition Rates 8.2.1 8.2.2 Leslie 8.2.3 Two-Sex 8.2.4 Rates.- 8.3 Chains 8.3.1 8.3.2 Problem Revisited.- 8.3.3 Requirements.- 8.3.4 Harmonic Mean as Possible 8.3.5 Six 8.3.6 8.4 Economic Influences Formation.- 8.4.1 8.4.2 Influence Variables 8.4.3 8.5 9 Optimal Choice.- 9.1 9.2 Intertemporal 9.2.1 9.2.2 9.2.3 Separability.- 9.2.4 Two-Stage 9.2.5 9.3 Choice, Costs Mobility Disequilibrium.- 9.3.1 Notation.- 9.3.2 Adapted 9.3.3 Separability 9.3.4 9.3.5 9.4 Consequences Queueing.- 9.4.1 9.4.2 Effects Values.- 9.4.3 Observed 9.4.4 10 Dutch 10.1 10.2 Unobserved Heterogeneity Dwelling Types.- 10.2.1 10.2.2 10.2.3 Rent.- 10.3 Discussion Data Set.- 10.3.1 Needs Survey.- 10.3.2 Classification Stock.- 10.4 Determination 10.4.1 10.4.2 Rented Sector.- 10.4.3 Owner-Occupied 10.4.4 Specific Circumstances in.- 10.5 Estimation Results.- 10.5.1 10.5.2 Function 10.5.3 10.5.4 Results Estimation.- 10.5.5 Sector, 10.5.6 First Stage Decision 10.6 11 Evaluation 11.1 Part Study.- 11.1.1 Actor Cornerstone 11.1.2 11.1.3 Problems Development 11.1.4 Aggregation, Equation 11.1.5 Allocation.- 11.1.6 Long Run 11.2 Application 11.2.1 Relatively Simple 11.2.2 11.2.3 Optimizing 11.2.4 Empirical Research.- 11.3 List References.