MOVING COSTS AND OPTIMAL INTRA-URBAN MOVING STRATEGIES.
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MOVING COSTS AND OPTIMAL INTRA-URBAN MOVING STRATEGIES. / Amundsen, Eirik Schroder.
Document - Swedish Council for Building Research. ed. / Ake E. Andersson; Bjorn Harsman. Swedish Council for Building Research, 1985. p. 51-69 (Document - Swedish Council for Building Research).Research output: Chapter in Book/Report/Conference proceeding › Article in proceedings › Research › peer-review
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TY - GEN
T1 - MOVING COSTS AND OPTIMAL INTRA-URBAN MOVING STRATEGIES.
AU - Amundsen, Eirik Schroder
PY - 1985
Y1 - 1985
N2 - Since adjustment of housing consumption implies a costly residential relocation, the household's consumption is usually constant for comparatively long periods of time. Using a model of intertemporal utility maximization, we arrive at conditions for i) the optimal number of moves, ii) the optimal moving dates, and iii) the optimal consumption of housing services and other goods in the period between moves. Specifically, the number of moves will rise with income, the rate of interest, the preferences for housing and the length of the planning period. Furthermore, the number of moves will be higher the lower moving costs are.
AB - Since adjustment of housing consumption implies a costly residential relocation, the household's consumption is usually constant for comparatively long periods of time. Using a model of intertemporal utility maximization, we arrive at conditions for i) the optimal number of moves, ii) the optimal moving dates, and iii) the optimal consumption of housing services and other goods in the period between moves. Specifically, the number of moves will rise with income, the rate of interest, the preferences for housing and the length of the planning period. Furthermore, the number of moves will be higher the lower moving costs are.
UR - http://www.scopus.com/inward/record.url?scp=0022269263&partnerID=8YFLogxK
M3 - Article in proceedings
AN - SCOPUS:0022269263
SN - 9154044057
T3 - Document - Swedish Council for Building Research
SP - 51
EP - 69
BT - Document - Swedish Council for Building Research
A2 - Andersson, Ake E.
A2 - Harsman, Bjorn
PB - Swedish Council for Building Research
ER -
ID: 371033360