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A Conjoint-Based Simulation Model of Housing-Market Clearing Processes: Theory and Illustration

Author

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  • M P G Schellekens

    (Inter/View CSM, Overtoom 519-521, 1054 LH Amsterdam, The Netherlands)

  • H J P Timmermans

    (Eindhoven University of Technology, Urban Planning Group, PO Box 513, 5600 MB Eindhoven, The Netherlands; Faculty of Business, Department of Marketing and Economic Analysis, University of Alberta, Edmonton T6G 2R6, Canada)

Abstract

Conjoint models of housing preferences typically derive preference functions from consumer responses to profiles of housing attributes generated experimentally. It is not readily evident how such housing preferences can be used to simulate actual housing choice. In this paper we provide conceptual considerations to link conjoint preferences to actual behaviour and discuss the principles of a simulation model. We illustrate the approach using as our example the effects of a rental subsidy on potential mobility.

Suggested Citation

  • M P G Schellekens & H J P Timmermans, 1997. "A Conjoint-Based Simulation Model of Housing-Market Clearing Processes: Theory and Illustration," Environment and Planning A, , vol. 29(10), pages 1831-1846, October.
    • Handle: RePEc:sae:envira:v:29:y:1997:i:10:p:1831-1846
    DOI: 10.1068/a291831
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    References listed on IDEAS

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    1. Alan G. Phipps, 1989. "Residential Stress And Consumption Disequilibrium In The Saskatoon Housing Market," Papers in Regional Science, Wiley Blackwell, vol. 67(1), pages 71-87, January.
    2. H Timmermans & L van Noortwijk & H Oppewal & P van der Waerden, 1996. "Modeling Constrained Choice Behaviour in Regulated Housing Markets by Means of Discrete Choice Experiments and Universal Logit Models: An Application to the Residential Choice Behaviour of Divorcees," Environment and Planning A, , vol. 28(6), pages 1095-1112, June.
    3. Eric Molin & Harmen Oppewal & Harry Timmermans, 1997. "Modeling Group Preferences Using a Decompositional Preference Approach," Group Decision and Negotiation, Springer, vol. 6(4), pages 339-350, July.
    4. Bible, Douglas S. & Brown, Lawrence A., 1981. "Place utility, attribute tradeoff, and choice behavior in an intra-urban migration context," Socio-Economic Planning Sciences, Elsevier, vol. 15(1), pages 37-44.
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    Cited by:

    1. Irwin, Elena G. & Roe, Brian E. & Morrow-Jones, Hazel, 2002. "The Effects Of Farmland, Farmland Preservation And Other Neighborhood Amenities On Proximate Housing Values: Results Of A Conjoint Analysis Of Housing Choice," 2002 Annual meeting, July 28-31, Long Beach, CA 19611, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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