WID-DOW Seminar
Alex Anas, Professor, Department of Economics, University of Buffalo.
Event Details
Date
Monday, April 7, 2014
Time
4 p.m.
Description
On Probabilistic Matching & Economic Allocation Models
Probabilistic allocation models try to match spatially distributed consumers with different jobs &/or housing. Computational models, exploiting specific random factor distributions were developed. A 2-sided matching housing market model was used with discrete housing types. Also considered were nonlinearities in customer preference function & treatment of externalities such as traffic congestion.
Probabilistic allocation models try to match spatially distributed consumers with different jobs &/or housing. Computational models, exploiting specific random factor distributions were developed. A 2-sided matching housing market model was used with discrete housing types. Also considered were nonlinearities in customer preference function & treatment of externalities such as traffic congestion.
Cost
Free and open to campus.
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