Availability Constraints in the House Market
André de Palma () and
Jan Rouwendal
Working Papers from Paris X - Nanterre, U.F.R. de Sc. Ec. Gest. Maths Infor.
Abstract:
This paper studies allocation on the housing market by means of discrete choice models with availability constraints. This approach arises when uncertainty about the availability of some alternatives is introduced within the conventional framework of discrete choice models. Availability constraints may exist, for instance, because of a lack of transparency in the market, limitations on the supply side or rent control associated with centralized housing distribution.
Keywords: UNCERTAINTY; HOUSING; CONSTRUCTION; HOUSEHOLD (search for similar items in EconPapers)
JEL-codes: D80 D81 L85 R30 R31 (search for similar items in EconPapers)
Pages: 33 pages
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:fth:pnegmi:9604
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