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dc.contributor.authorRosenfield, Adam
dc.contributor.authorChingcuanco, Franco
dc.contributor.authorMiller, Eric J.
dc.date.accessioned2014-09-29T16:16:33Z
dc.date.available2014-09-29T16:16:33Z
dc.date.issued2013-01
dc.identifier.issn18770509
dc.identifier.urihttp://hdl.handle.net/1721.1/90434
dc.description.abstractThe Housing Market Evolutionary System (HoMES) is the updated housing market module for the Integrated Land Use, Transportation, Environment (ILUTE) model system. HoMES is a disaggregate, agent-based microsimulation of the owner-occupied housing market, with models for households’ residential mobility decisions, location choices and valuations, the endogenous supply of housing by type and location, and the endogenous determination of sale prices and rents. The new model offers significant improvements over previous attempts by including a reformulated market clearing mechanism, market dependency on macro-economic conditions, and improved computational performance. A 100% synthesized population is validated against historical data for the Greater Toronto-Hamilton Area.en_US
dc.language.isoen_US
dc.publisherElsevieren_US
dc.relation.isversionofhttp://dx.doi.org/10.1016/j.procs.2013.06.112en_US
dc.rightsCreative Commons Attributionen_US
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/en_US
dc.sourceElsevieren_US
dc.titleAgent-based Housing Market Microsimulation for Integrated Land Use, Transportation, Environment Model Systemen_US
dc.typeArticleen_US
dc.identifier.citationRosenfield, Adam, Franco Chingcuanco, and Eric J. Miller. “Agent-Based Housing Market Microsimulation for Integrated Land Use, Transportation, Environment Model System.” Procedia Computer Science 19 (January 2013): 841–846.en_US
dc.contributor.departmentMassachusetts Institute of Technology. Department of Civil and Environmental Engineeringen_US
dc.contributor.mitauthorChingcuanco, Francoen_US
dc.relation.journalProcedia Computer Scienceen_US
dc.eprint.versionFinal published versionen_US
dc.type.urihttp://purl.org/eprint/type/JournalArticleen_US
eprint.statushttp://purl.org/eprint/status/PeerRevieweden_US
dspace.orderedauthorsRosenfield, Adam; Chingcuanco, Franco; Miller, Eric J.en_US
mit.licensePUBLISHER_CCen_US
mit.metadata.statusComplete


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