| id |
DDSS2006-PB-185 |
| authors |
O.T.J. Devisch, H.J.P. Timmermans, T.A. Arentze, and A.W.J. Borgers |
| year |
2006 |
| title |
Modelling Residential Search and Location Choice - Framework and Numerical Experiments |
| source |
Van Leeuwen, J.P. and H.J.P. Timmermans (eds.) 2006, Progress in Design & Decision Support Systems in Architecture and Urban Planning, Eindhoven: Eindhoven University of Technology, ISBN-10: 90-386-1756-9, ISBN-13: 978-90-386-1756-5, p. 185-200 |
| summary |
People only move a limited number of times during their lifetime. Factors such as high financial costs, local social networks, emotional bounds, etc. make that people typically postpone this decision as long as possible, up to the point where the benefit of alternative housing outperforms all these factors. Then things generally have to go fast. This combination of time-pressure, high costs and lack in experience turn residential search and location choice into a complex decision process. This paper presents a model developed to grasp some of this complexity. Households are approached as autonomous decision-makers continuously evaluating whether to search for information, to visit houses for inspection, to start negotiating with the owner of a house for sale or to do nothing and stay in the current house. Households make these evaluations on the basis of beliefs regarding their environment and update these beliefs each time they collect new information on this environment. |
| keywords |
Microsimulation, Spatial simulation models, Strategic decision-making, State dependent behaviour, Belief-updating |
| series |
DDSS |
| full text |
 file.pdf (235,175 bytes) |
| references |
Content-type: text/plain
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| last changed |
2006/08/29 12:55 |
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