Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/31886
Title: Multi-agent simulation of the dynamic evolutionary process in Chinese urban housing market based on the GIS : the case of Beijing
Authors: Zhang, H
Li, Y
Li, H 
Keywords: China
Evolutionary process
Geographic information system
Housing market
Multi-agent simulation
Issue Date: 2013
Publisher: Elsevier
Source: Automation in construction, 2013, v. 35, p. 190-198 How to cite?
Journal: Automation in construction 
Abstract: In order to analyze the dynamic evolutionary process of Chinese emerging housing market, the paper defines the behavioral functions of household agents in terms of demand generation, information search and price negotiation, and incorporates multi-agent technique and geographic information system to conduct a series of simulation studies on Beijing housing market. By setting different market scenarios, the impacts of new housing supply and information level on Beijing housing market are addressed. The findings show that, Beijing housing market is characterized by the prominent urban expansion with the formation of consolidated residential zones outside the 5th ring road; the growth in new housing supply can reduce the buyer search duration significantly, and lead the buyer search flow to the new housing market; higher information level can increase the sales of resale housing market, but inhibit the sales and time on market for new-built houses to some extent.
URI: http://hdl.handle.net/10397/31886
ISSN: 0926-5805
EISSN: 1872-7891
DOI: 10.1016/j.autcon.2013.05.010
Appears in Collections:Journal/Magazine Article

Access
View full-text via PolyU eLinks SFX Query
Show full item record

SCOPUSTM   
Citations

6
Last Week
0
Last month
1
Citations as of Nov 10, 2017

WEB OF SCIENCETM
Citations

4
Last Week
1
Last month
0
Citations as of Nov 18, 2017

Page view(s)

38
Last Week
1
Last month
Checked on Nov 20, 2017

Google ScholarTM

Check

Altmetric



Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.