[1]张红,李洋.基于仿真的中国住房二级市场搜寻匹配模型[J].深圳大学学报理工版,2013,30(No.4(331-440)):385-391.[doi:10.3724/SP.J.1249.2013.04385]
 Zhang Hong and Li Yang.Search-matching model in China’s resale housing market based on simulation[J].Journal of Shenzhen University Science and Engineering,2013,30(No.4(331-440)):385-391.[doi:10.3724/SP.J.1249.2013.04385]
点击复制

基于仿真的中国住房二级市场搜寻匹配模型()
分享到:

《深圳大学学报理工版》[ISSN:1000-2618/CN:44-1401/N]

卷:
第30卷
期数:
2013年No.4(331-440)
页码:
385-391
栏目:
土木建筑工程
出版日期:
2013-07-12

文章信息/Info

Title:
Search-matching model in China’s resale housing market based on simulation
文章编号:
20130407
作者:
张红 李洋
清华大学建设管理系, 北京 100084
Author(s):
Zhang Hong and Li Yang
Department of Construction Management, Tsinghua University, Beijing 100084, P.R.China
关键词:
住房二级市场单位搜寻成本市场环境因素搜寻强度中介佣金
Keywords:
resale housing market unit search cost market environment factor search intensity brokerage commission
分类号:
F 293
DOI:
10.3724/SP.J.1249.2013.04385
文献标志码:
A
摘要:
为研究住房交易双方的搜寻匹配,构建适于中国二手房交易特点的理论模型,分析住房二级市场搜寻匹配过程及其影响因素,仿真模拟市场环境因素、单位搜寻成本和中介佣金比例等外生变量对搜寻匹配的作用机制.研究表明,以匹配效率和紧缺程度为代表的市场环境变化会显著改变交易双方的搜寻强度与市场流动性,且买方搜寻行为更容易受到影响;买方与卖方的单位搜寻成本增加会明显抑制各自的搜寻强度,在单位搜寻成本为10元/次时存在突变临界点;经纪服务会降低交易价格和搜寻强度,并提高市场流动性水平,在中介佣金比例达到10%时存在突变临界点,但佣金比例最高不宜超过13%.
Abstract:
In order to study the search-matching process between both parties in housing transactions, this study established a theoretical model applicable to the characteristics of China’s resale housing market transactions, qualitatively analyzed the search-matching process and its determinants in resale housing market, and simulated the impact mechanism of exogenous variables on the search-matching process in terms of market environment factor, unit search cost and brokerage commission rate. The results show that market environmental factors represented by matching efficiency and tightness level affect the agents’ search intensities and market liquidity significantly. The buyer’s search behavior is more sensitive; the increase in the unit search costs of buyer and seller inhibits their own search intensities, and there is a critical turning point of abrupt change at the unit search cost of 10 Yuan each time. At this point, brokerage service lowers the transaction price and search intensities and improves the market liquidity. There is also a critical turning point at the brokerage commission rate of 10%, but the maximum commission rate cannot exceed 13%.

参考文献/References:

[1] Li Baoliang, Guo Qiyou. Search frictional market: the development and applications of the search-matching model[J]. Foreign Economic & Management, 2010, 32(11): 1-9.(in Chinese)
李宝良, 郭其友. 搜寻摩擦市场: 搜寻和匹配模型的发展及其应用[J]. 外国经济与管理, 2010, 32(11): 1-9.
[2] Head A, Loyd-Ellis H. Housing liquidity, mobility and the labour market[J]. Review of Economic Studies, 2012, 79(4): 1559-1589.
[3] Salant S W. For sale by owner: when to use a broker and how to price the house[J]. Journal of Real Estate Finance and Economics, 1991, 4: 157-173.
[4] Turnbull G K, Sirmans C F. Information, search, and house prices [J]. Regional Science and Urban Economics, 1993, 23: 545-557.
[5] Yavas A. A simple search and bargaining model of real estate markets[J]. Journal of the American Real Estate and Urban Economics Association, 1992, 20(4): 533-548.
[6] Arnold M A. Search, bargaining and optimal asking prices[J]. Real Estate Economics, 1999, 27(3): 453-481.
[7] Van der Vlist A J, Rietveld P, Nijkamp P. Residential search and mobility in a housing market equilibrium model[J]. Journal of Real Estate Finance and Economics, 2002, 24(3): 277-299.
[8] Novy-Marx R. Hot and cold markets[J]. Real Estate Economics, 2009, 37(1): 1-22.
[9] Genesove D, Han L. Search and matching in the housing market[J]. Journal of Urban Economics, 2012, 72: 31-45.
[10] Zhang Hong, Zhou Peng, Lin Yin. Searching process model in China’s new housing market based on simulation analysis[J]. Journal of Tsinghua University Science & Technology, 2012, 52(2): 194-198.(in Chinese)
张红,周鹏,林荫. 基于仿真分析的中国住房一级市场搜寻过程模型[J]. 清华大学学报自然科学版, 2012, 52(2): 194-198.
[11] Zhang Hong, Li Yang, Xie Na. Factors influencing buyer search behavior in China’s new housing market[J]. Journal of Tsinghua University Science & Technology, 2013, 53(1): 61-65.(in Chinese)
张红,李洋,谢娜. 中国住房一级市场买方搜寻行为的影响因素[J]. 清华大学学报自然科学版, 2013, 53(1): 61-65.
[12] Lippman S A, Mccall J J. An operational measure of liquidity[J]. American Economic Review, 1986, 76(1): 43-55.

备注/Memo

备注/Memo:
Received:2013-04-06;Accepted:2013-06-20
Foundation:National Natural Science Foundation of China (71073096)
Corresponding author:Professor Zhang Hong. E-mail: zhannie@tsinghua.edu.cn
Citation:Zhang Hong, Li Yang. Search-matching model in China’s resale housing market based on simulation[J]. Journal of Shenzhen University Science and Engineering, 2013, 30(4): 385-391.(in Chinese)
基金项目:国家自然科学基金资助项目(71073096)
作者简介:张红(1970-),女(汉族),陕西省西安市人,清华大学教授、博士生导师.E-mail: zhannie@tsinghua.edu.cn
引文:张红,李洋. 基于仿真的中国住房二级市场搜寻匹配模型[J]. 深圳大学学报理工版,2013,30(4):385-391.
更新日期/Last Update: 2013-07-12