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Title:

Bilevel Negotiation Protocol for Multiagent Simulation of Housing Transactions and Market Clearing Processes
Cover of Bilevel Negotiation Protocol for Multiagent Simulation of Housing Transactions and Market Clearing Processes

Accession Number:

01020876

Record Type:

Component

Availability:

Transportation Research Board Business Office

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Washington, DC 20001 United States
Order URL: http://www.trb.org/Main/Public/Blurbs/158803.aspx

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Order URL: http://worldcat.org/isbn/0309099870

Abstract:

Models of residential choice behavior play a central role in integrated land use–transportation models. An agent-based model was developed of the negotiation process between selling and buying agents to represent price formation and clearance processes in housing markets. The model takes into account the heterogeneity of the goods traded, behavior protocols, imperfect knowledge, and strategic behavior of interacting households and real estate agents in price negotiations. A framework was developed, and the results of numerical experiments conducted to test the model are discussed.

Monograph Accession #:

01039143

Language:

English

Authors:

Devisch, Oswald
Arentze, Theo
Borgers, Aloys
Timmermans, Harry J P

Pagination:

pp 84-92

Publication Date:

2006

Serial:

Transportation Research Record: Journal of the Transportation Research Board

Issue Number: 1977
Publisher: Transportation Research Board
ISSN: 0361-1981

ISBN:

0309099870

Media Type:

Print

Features:

Figures (5) ; References (11) ; Tables (3)

Subject Areas:

Economics; Highways; Planning and Forecasting; Society; I10: Economics and Administration; I72: Traffic and Transport Planning

Files:

TRIS, TRB, ATRI

Created Date:

Mar 3 2006 10:50AM

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