Application of Agent-based Modelling for Estimation of Norm-based Dynamics of Housing Systems.
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68378025%3A_____%2F17%3A00479989" target="_blank" >RIV/68378025:_____/17:00479989 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1080/14036096.2017.1288168" target="_blank" >http://dx.doi.org/10.1080/14036096.2017.1288168</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1080/14036096.2017.1288168" target="_blank" >10.1080/14036096.2017.1288168</a>
Alternative languages
Result language
angličtina
Original language name
Application of Agent-based Modelling for Estimation of Norm-based Dynamics of Housing Systems.
Original language description
Housing systems are mainly defined by the housing tenure structure in a particular society. We assume that choice of housing tenure is determined by economic factors, the life course and social interactions that reproduce and/or weaken the social norm that deems one housing tenure – homeownership – is superior to another housing tenure – renting. By applying agent-based modelling, we show that strong adherence to the social norm (and the transmission of this norm across generations within the family) may theoretically substantially reduce the probability of any permanent change occurring in the housing system, even when a decrease in the affordability of owner-occupied housing or significant changes in market conditions are modelled. This finding can improve our understanding of the dynamics of housing systems and uncover its inertia, which is not captured in the prevailing theoretical approaches to economic forecasting.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50401 - Sociology
Result continuities
Project
<a href="/en/project/GA16-06335S" target="_blank" >GA16-06335S: Housing Based Welfare: Risks and Implications of Release of Housing Wealth to Support Retirement Income</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Housing, Theory and Society
ISSN
1403-6096
e-ISSN
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Volume of the periodical
34
Issue of the periodical within the volume
4
Country of publishing house
SE - SWEDEN
Number of pages
19
Pages from-to
379-398
UT code for WoS article
000413700400002
EID of the result in the Scopus database
2-s2.0-85012283200