booktitle = "2017 6th IIAI International Congress on Advanced
Applied Informatics (IIAI-AAI)",
title = "Identifying Expectation Transformation in a Housing
Market under Different Exogenous Conditions: An
Agent-Based Modeling Approach",
year = "2017",
pages = "829--834",
abstract = "This paper has built a GP (Genetic programming) -
based Agent-based model to simulate the expectation
transformations in a housing market under different
conditions. This paper sets one group of control
experiments based on Normal Base Case. The control
experiments based on Normal Base Case reveals impacts
of trading psychology, population growth, income
growth, supply growth, tax and monetary policies. We
reveal in the housing market a dilemma, that the rise
of house price can increase society wealth and lower
poverty rate, but it also raise the unevenness of
wealth distribution. Based on the work of this paper,
it is possible to simulate a reality-alike situation
and to analysis housing markets for a certain
application case.",