Endogeneous housing market model: a deterministic heterogeneous agent approach.
Motivated by the complexity of price dynamics during the booms and bursts of housing market, we examine two types of housing market crashes - sudden crashes and smooth crashes - using a deterministic heterogeneous agent model (HAM). By matching simulated price dynamics to real historical data, we sh...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2012
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/48869 |