TY - CONF T1 - APPLICATION OF SYSTEM DYNAMICS MODELING IN REAL ESTATE MARKET ANALYSIS T2 - 17th Annual European Real Estate Society Conference Y1 - 2010 A1 - Zelazowski, Konrad KW - Real Estate Market KW - Residential Market Model KW - System Dynamics AB -

System dynamics is a research approach which allows to model the behavior of political, social, economic systems. Compared to traditional approaches it allows not only to present main characteristics of selected system, its essential elements but also enables to verify how the mentioned system changes over time. Due to unquestionable advantages of system dynamics modeling it becomes a popular simulation tool of economic processes. The paper presents a possible application of system dynamics in real estate market analysis. Model of residential market and selected scenarios of its behavior are also provided.

JA - 17th Annual European Real Estate Society Conference T3 - ERES: Conference CY - Milan, Italy U3 -

RePEc:arz:wpaper:eres2010_334

J1 - Conference 2010 ID - oai:eres.id:eres2010_334 M3 - 10.15396/eres2010_334 ER -