Resale Externality and the Used Housing Market

Resale Price Prediction in the Used Car Market

Agent-Based Simulation of the Search Behavior in China's Resale Housing Market: Evidence from Beijing

In the paradigm of the search theory, we established the search model applicable to the characteristics of China's resale housing market, by modeling the search behavior for buyer and seller, respectively. Setting the parameters based on the Beijing housing market survey in August 2012, we implemented agentbased simulation to study the dynamics of the search behavior measured by search intensit...

Agent-Based Simulation of the Search Behavior in China's Resale Housing Market

In the paradigm of the search theory, we established the search model applicable to the characteristics of China's resale housing market, by modeling the search behavior for buyer and seller, respectively. Setting the parameters based on the Beijing housing market survey in August 2012, we implemented agentbased simulation to study the dynamics of the search behavior measured by search intensit...

Studies in Hedonic Resale Housing Price Indexes∗

Hedonic analysis is gaining acceptance as a tool for quality adjustment in goods and services in official statistics and academic research. Computers and houses are by far the two most popular products for which much of the hedonic research been concentrated on. Few comparative studies have, however, looked at the sensitivity of the price indexes that are obtained when different regression appr...

The Business Cycles of Urban Housing Market (Case Study: Urban Housing Market of Isfahan, 1980-2014)

H ousing is a commodity with unique features and its market, especially in urban areas, is characterized by unique business cycles that differentiate it from other commodities. On one hand, housing market can be deeply influenced by economic shocks, and on the other hand, the sheer size of housing investments makes the economy particularly vulnerable to any shock in this market. Henc...