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Heterogeneous demand, government intervention and housing price: Chaos analysis perspective

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成果类型:
期刊论文
作者:
Sun, Qian;Dong, Jichang*;Tang, Yong
通讯作者:
Dong, Jichang
作者机构:
[Sun, Qian; Tang, Yong] Hunan City Univ, Management Sch, Yiyang, Hunan, Peoples R China.
[Sun, Qian] SUNY Stony Brook, Dept Technol & Soc, Stony Brook, NY 11794 USA.
[Dong, Jichang] Univ Chinese Acad Sci, Sch Innovat & Entrepreneurship, Beijing, Peoples R China.
[Tang, Yong] State Univ New York Coll Buffalo, Dept Sociol, Buffalo, NY USA.
通讯机构:
[Dong, Jichang] U
Univ Chinese Acad Sci, Sch Innovat & Entrepreneurship, Beijing, Peoples R China.
语种:
英文
关键词:
Chaos;Government intervention;Heterogeneous;House prices
期刊:
Eurasia
ISSN:
1305-8215
年:
2017
卷:
13
期:
12
页码:
8177-8184
基金类别:
China Scholarship CouncilChina Scholarship Council; Natural Science Foundation of HunanNatural Science Foundation of Hunan Province [2017JJ3010]; Social Science Foundation of Hunan; Science Foundation for The Excellent Youth Scholars of Department of Education of Hunan [13B008]; Natural Science Foundation of HunanNatural Science Foundation of Hunan Province
机构署名:
本校为第一机构
摘要:
Started from the microbodies of real estate market, this paper supposed real estate price is mainly determined by the bodies' market behaviors and related interactions, while the demanders in real estate market are heterogeneous. and local government and central government are with different purposes in regulating the market. For these considerations above, this paper constructed a real estate price deterministic model, and conducted a numeric simulation. The main findings include: the price fluctuation of real estate market has chaotic charact...

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