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Emergent Phenomena in Housing Markets - Gentrification, Housing Search, Polarization (Hardcover, 2013 ed.)
Loot Price: R2,792
Discovery Miles 27 920
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Emergent Phenomena in Housing Markets - Gentrification, Housing Search, Polarization (Hardcover, 2013 ed.)
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Total price: R2,802
Discovery Miles: 28 020
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The housing market, like every market, is the product of thousands
of interacting buyers and sellers driven by different interests.
But unlike other markets, the housing market is able to profoundly
transform the socioeconomic structure and the image of a city. Very
often, changes in urban space are the result of the imperceptible
operation of a multitude of micro-transformations which act with
such great energy and decisiveness that they can transform the
'DNA' of entire urban neighborhoods. These qualitative novelties,
unpredictable and non-deducible on the basis of the previous
properties, are defined emergences. Namely emergence means a
'pattern formation' characterized by a self-organizing process
driven by non-linear dynamics. This book explores housing market
emergence in light of three different phenomena: search for
housing, social polarization, and gentrification. The book is
divided into two parts. The first part presents contributions on
modelling emergence of different phenomena, formalised in
multi-agent systems. The second part gathers empirical research and
analyses aimed at supporting the findings of the models.
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