Table of contents - Special Issue: Housing Markets and Complexity Economics
The search for capital adequacy in the mortgage market: a case of black swan blindness
James R. FollainThe primary purpose of this paper is to review and critique Taleb's notion of black swan blindness for a subset of the broader field of financial economics – the search for…
Hidden complexity in housing markets: a case for alternative models and techniques
David Wyman, Elaine Worzala, Maury SeldinThe purpose of this exploratory paper is to examine the lack of reliability of traditional neo-classical models and to argue that it is due to the hidden complexity and…
A panel error correction approach to explore spatial correlation patterns of the dominant housing market in Australian capital cities
Le Ma, Chunlu LiuA panel error correction model has been developed to investigate the spatial correlation patterns among house prices. This paper aims to identify a dominant housing market in the…
Applying Latin hypercube sampling to agent-based models: Understanding foreclosure contagion effects
Andrew J. Collins, Michael J. Seiler, Marshall Gangel, Menion CrollAgent-based modelling and simulation (ABMS) has seen wide-spread success through its applications in the sciences and social sciences over the last 15 years. As ABMS is used to…
A general model of mortgage failure tipping point with an example from Southern California 2006-2007
Guoping Huang, Stephanie Yates, Grant Ian Thrall, Richard PeiserMortgage defaults within a neighborhood may tip the scales whereby a vicious cycle of disinvestment and deterioration in the surrounding neighborhoods begins. This paper aims to…
The contribution of social area analysis: Modelling house price variations at the neighbourhood level in Australia
Richard Reed– This paper aims to draw the disciplines of demography and housing research closer together and looks to social indicators for an insight into the level of house prices.
ISSN:
1753-8270Online date, start – end:
2008Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Dr Richard Reed