Nonlinear delay difference equations for housing dynamics assuming heterogeneous backward-looking expectations

DOI10.1007/S10483-007-0609-ZMaRDI QIDQ940323zbMATH OpenOpenAlexFDO

Authors A. Y. T. Leung, Jia-Na Xu, Wing Shum Tsui

Publication date 1 September 2008

Published in Applied Mathematics and Mechanics. (English Edition) (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10483-007-0609-z

zbMATH Keywords

overshoot and undershootconvergent and divergentdelay rational difference equationsequilibrium and oscillationshousing price dynamics

Mathematics Subject Classification ID

Initial value problems for nonlinear higher-order PDEs (35G25) Discrete version of topics in analysis (39A12)

Recommendations

• A heterogeneous boundedly rational expectation model for housing market
• Modeling house price dynamics with heterogeneous speculators
• Dynamic analysis of the game between land supply and housing prices
• Heterogeneous expectations, boom-bust housing cycles, and supply conditions: a nonlinear economic dynamics approach
• Complex dynamics in non-linear real estate models

Cites work

• scientific article; zbMATH DE number 430502 (Why is no real title available?)
• scientific article; zbMATH DE number 50722 (Why is no real title available?)
• scientific article; zbMATH DE number 3545444 (Why is no real title available?)
• scientific article; zbMATH DE number 3410828 (Why is no real title available?)
• A note on difference-delay equations
• Chaos, noise, and extinction in models of population growth
• Global attractivity in a delay difference equation
• Heterogeneous beliefs and routes to chaos in a simple asset pricing model
• Heterogeneous beliefs and the non-linear cobweb model
• On explicit conditions for the asymptotic stability of linear higher order difference equations
• Oscillations and global attractivity in a discrete delay logistic model
• Prospect Theory: An Analysis of Decision under Risk
• Stability in a population model

Cited in

(5)

• Stability of non-autonomous difference equations: simple ideas leading to useful results
• Stability analysis of a class of higher order difference equations
• Dynamic analysis of the effects of mortgage-lending policies in a real estate market
• Dynamic cycles of unsold new housing stocks, investment in housing, and housing supply-demand
• Chapter 15 Nonlinear Modeling of the Changing Lag Structure in U.S. Housing Construction

This page was built for publication: Nonlinear delay difference equations for housing dynamics assuming heterogeneous backward-looking expectations

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q940323)