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http://hdl.handle.net/2445/171358
Title: | Non-homogeneous Random Walks for Housing Prices |
Author: | Foguet Coll, Núria |
Director/Tutor: | Perelló, Josep, 1974- |
Keywords: | Rutes aleatòries (Matemàtica) Habitatge Treballs de fi de grau Random walks (Mathematics Housing Bachelor's theses |
Issue Date: | Jun-2020 |
Abstract: | The random walk formalism has applications in many areas, with economy being one of the most notable examples. In this work, we apply this formalism to a relevant problem in modern society, such as the access to housing and its prices. A 1-D non-homogeneous random walk model serves to interpret the collected data from a citizen science public experiment on which the participants had to rent a house. Half of these games had rules which simulated regulations limiting the maximum and minimum rent prices, in order to gauge the possible effects of these policies. Although regulations do not significantly affect the prices paid by the participants, they foment demand at higher prices and reduced price variability as shown by the root mean square displacement. Finally, a bubble phase and a declining phase are distinguished, thanks to which the model of the random walk is extrapolated to larger periods of time beyond the scope of the game. |
Note: | Treballs Finals de Grau de Física, Facultat de Física, Universitat de Barcelona, Curs: 2020, Tutor: Josep Perelló Palou |
URI: | http://hdl.handle.net/2445/171358 |
Appears in Collections: | Treballs Finals de Grau (TFG) - Física |
Files in This Item:
File | Description | Size | Format | |
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FOGUET COLL NURIA_1338708_assignsubmission_file_TFG-Foguet-Coll-Núria.pdf | 296.06 kB | Adobe PDF | View/Open |
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