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Microeconomic Models of Housing Markets

  • Conference proceedings
  • © 1985

Overview

Editors:
  1. Konrad Stahl

    1. Universität Dortmund, Dortmund 50, Germany

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Part of the book series: Lecture Notes in Economics and Mathematical Systems (LNE, volume 239)

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Table of contents (6 papers)

  1. Front Matter

    Pages I-VII
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  2. Microeconomic Analysis of Housing Markets: Towards a Conceptual Framework

    • Konrad Stahl
    Pages 1-26

  3. The Harvard Urban Development Simulation Model

    • John F. Kain, William C. Apgar Jr.
    Pages 27-71

  4. Fixprice Equilibria in a Rental Housing Market

    • Hans Wiesmeth
    Pages 72-118

  5. The Ifo Housing Market Model

    • Karin Behring, Georg Goldrian
    Pages 119-143

  6. The Dortmund Housing Market Model: A Monte Carlo Simulation of a Regional Housing Market

    • Michael Wegener
    Pages 144-191

  7. Postscript The Evolution of Housing Market Analysis: A Historical Perspective

    • Horst Todt
    Pages 192-197

  8. Back Matter

    Pages 199-200
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Keywords

About this book

The present volume is an outgrowth of several years' interactions be­ tween U. S. American and W. -German economists interested in analyzing the structure and functioning of housing markets, and the impacts of govern­ mental policies on these markets. Such an interaction turns out to be fruitful in several respects. Unquestionably, German economists can learn a lot from the high level of sophistication exhibited in much of the American literature. However, this is not a one way road of learning and the adoption of concepts, for the following reason. Most of the analysis presented in that literature hinges on the use of the standard microeco­ nomics textbook tools. Now, even a casual observation of housing markets in European countries reveals that behavior and conduct in these markets do not follow the assumptions presumed in this mode of analysis, which calls into question the uncritical employment of that tool kit. This has important consequences for policy analysis and indeed, for some principal attitudes towards housing policy, and points sharply to the need for developing analytical concepts that take up more of the pecul­ iarities of housing market behavior and conduct. While such a develop­ ment may be particularly warranted in view of European housing markets, we maintain this to be the case in view of the American housing market as well.

Editors and Affiliations

  • Universität Dortmund, Dortmund 50, Germany

    Konrad Stahl

Bibliographic Information

  • Book Title: Microeconomic Models of Housing Markets

  • Editors: Konrad Stahl

  • Series Title: Lecture Notes in Economics and Mathematical Systems

  • DOI: https://doi.org/10.1007/978-3-642-46531-4

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer-Verlag Berlin Heidelberg 1985

  • Softcover ISBN: 978-3-540-15193-7Published: 01 March 1985

  • eBook ISBN: 978-3-642-46531-4Published: 06 December 2012

  • Series ISSN: 0075-8442

  • Series E-ISSN: 2196-9957

  • Edition Number: 1

  • Number of Pages: VIII, 200

  • Topics: Economics, general

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