A Conjoint-Based Simulation Model of Housing-Market Clearing Processes: Theory and Illustration
M P G Schellekens and
H J P Timmermans
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M P G Schellekens: Inter/View CSM, Overtoom 519-521, 1054 LH Amsterdam, The Netherlands
H J P Timmermans: Eindhoven University of Technology, Urban Planning Group, PO Box 513, 5600 MB Eindhoven, The Netherlands; Faculty of Business, Department of Marketing and Economic Analysis, University of Alberta, Edmonton T6G 2R6, Canada
Environment and Planning A, 1997, vol. 29, issue 10, 1831-1846
Abstract:
Conjoint models of housing preferences typically derive preference functions from consumer responses to profiles of housing attributes generated experimentally. It is not readily evident how such housing preferences can be used to simulate actual housing choice. In this paper we provide conceptual considerations to link conjoint preferences to actual behaviour and discuss the principles of a simulation model. We illustrate the approach using as our example the effects of a rental subsidy on potential mobility.
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:29:y:1997:i:10:p:1831-1846
DOI: 10.1068/a291831
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