Modelling Residential Search and Location Choice - Framework and Numerical Experiments

O.T.J. Devisch; H.J.P. Timmermans; T.A. Arentze; A.W.J. Borgers

Modelling Residential Search and Location Choice - Framework and Numerical Experiments

O.T.J. Devisch, H.J.P. Timmermans, T.A. Arentze, A.W.J. Borgers

Urban Planning and Transportation

Onderzoeksoutput: Hoofdstuk in Boek/Rapport/Congresprocedure › Conferentiebijdrage › Academic › peer review

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People only move a limited number of times during their lifetime. Factors such as high financial costs, local social networks, emotional bounds, etc. make that people typically postpone this decision as long as possible, up to the point where the benefit of alternative housing outperforms all these factors. Then things generally have to go fast. This combination of time-pressure, high costs and lack in experience turn residential search and location choice into a complex decision process. This paper presents a model developed to grasp some of this complexity. Households are approached as autonomous decision-makers continuously evaluating whether to search for information, to visit houses for inspection, to start negotiating with the owner of a house for sale or to do nothing and stay in the current house. Households make these evaluations on the basis of beliefs regarding their environment and update these beliefs each time they collect new information on this environment.

Originele taal-2	Engels
Titel	Progress in Design & Decision Support Systems in Architecture and Urban Planning
Redacteuren	J.P. Leeuwen, van, H.J.P. Timmermans
Plaats van productie	Eindhoven, NL
Uitgeverij	Eindhoven University of Technology
Pagina's	185-200
ISBN van geprinte versie	978-90-386-1756-5
Status	Gepubliceerd - 2006
Evenement	International Conference on Innovations in Design & Decision Support Systems in Architecture and Urban Planning), July 4-7, 2006, Heeze, The Netherlands - Heeze, Nederland Duur: 4 jul. 2006 → 7 jul. 2006

Congres

Congres	International Conference on Innovations in Design & Decision Support Systems in Architecture and Urban Planning), July 4-7, 2006, Heeze, The Netherlands
Land/Regio	Nederland
Stad	Heeze
Periode	4/07/06 → 7/07/06
Ander	International conference on Innovations in Design & Decision Support Systems in Architecture and Urban Planning

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@inproceedings{0a0549fa78814c1fa1962b5f42bae09a,

title = "Modelling Residential Search and Location Choice - Framework and Numerical Experiments",

abstract = "People only move a limited number of times during their lifetime. Factors such as high financial costs, local social networks, emotional bounds, etc. make that people typically postpone this decision as long as possible, up to the point where the benefit of alternative housing outperforms all these factors. Then things generally have to go fast. This combination of time-pressure, high costs and lack in experience turn residential search and location choice into a complex decision process. This paper presents a model developed to grasp some of this complexity. Households are approached as autonomous decision-makers continuously evaluating whether to search for information, to visit houses for inspection, to start negotiating with the owner of a house for sale or to do nothing and stay in the current house. Households make these evaluations on the basis of beliefs regarding their environment and update these beliefs each time they collect new information on this environment.",

author = "O.T.J. Devisch and H.J.P. Timmermans and T.A. Arentze and A.W.J. Borgers",

year = "2006",

language = "English",

isbn = "978-90-386-1756-5",

pages = "185--200",

editor = "{Leeuwen, van}, J.P. and H.J.P. Timmermans",

booktitle = "Progress in Design & Decision Support Systems in Architecture and Urban Planning",

publisher = "Eindhoven University of Technology",

note = "International Conference on Innovations in Design & Decision Support Systems in Architecture and Urban Planning), July 4-7, 2006, Heeze, The Netherlands ; Conference date: 04-07-2006 Through 07-07-2006",

}

Devisch, OTJ, Timmermans, HJP, Arentze, TA & Borgers, AWJ 2006, Modelling Residential Search and Location Choice - Framework and Numerical Experiments. in JP Leeuwen, van & HJP Timmermans (uitgave), Progress in Design & Decision Support Systems in Architecture and Urban Planning. Eindhoven University of Technology, Eindhoven, NL, blz. 185-200, International Conference on Innovations in Design & Decision Support Systems in Architecture and Urban Planning), July 4-7, 2006, Heeze, The Netherlands, Heeze, Nederland, 4/07/06.

Modelling Residential Search and Location Choice - Framework and Numerical Experiments. / Devisch, O.T.J.; Timmermans, H.J.P.; Arentze, T.A. et al.
Progress in Design & Decision Support Systems in Architecture and Urban Planning. uitgave / J.P. Leeuwen, van; H.J.P. Timmermans. Eindhoven, NL: Eindhoven University of Technology, 2006. blz. 185-200.

Onderzoeksoutput: Hoofdstuk in Boek/Rapport/Congresprocedure › Conferentiebijdrage › Academic › peer review

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T1 - Modelling Residential Search and Location Choice - Framework and Numerical Experiments

AU - Devisch, O.T.J.

AU - Timmermans, H.J.P.

AU - Arentze, T.A.

AU - Borgers, A.W.J.

PY - 2006

Y1 - 2006

N2 - People only move a limited number of times during their lifetime. Factors such as high financial costs, local social networks, emotional bounds, etc. make that people typically postpone this decision as long as possible, up to the point where the benefit of alternative housing outperforms all these factors. Then things generally have to go fast. This combination of time-pressure, high costs and lack in experience turn residential search and location choice into a complex decision process. This paper presents a model developed to grasp some of this complexity. Households are approached as autonomous decision-makers continuously evaluating whether to search for information, to visit houses for inspection, to start negotiating with the owner of a house for sale or to do nothing and stay in the current house. Households make these evaluations on the basis of beliefs regarding their environment and update these beliefs each time they collect new information on this environment.

AB - People only move a limited number of times during their lifetime. Factors such as high financial costs, local social networks, emotional bounds, etc. make that people typically postpone this decision as long as possible, up to the point where the benefit of alternative housing outperforms all these factors. Then things generally have to go fast. This combination of time-pressure, high costs and lack in experience turn residential search and location choice into a complex decision process. This paper presents a model developed to grasp some of this complexity. Households are approached as autonomous decision-makers continuously evaluating whether to search for information, to visit houses for inspection, to start negotiating with the owner of a house for sale or to do nothing and stay in the current house. Households make these evaluations on the basis of beliefs regarding their environment and update these beliefs each time they collect new information on this environment.

M3 - Conference contribution

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BT - Progress in Design & Decision Support Systems in Architecture and Urban Planning

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A2 - Timmermans, H.J.P.

PB - Eindhoven University of Technology

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Y2 - 4 July 2006 through 7 July 2006

ER -

Modelling Residential Search and Location Choice - Framework and Numerical Experiments

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