Department of Land Economy
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Refining Behavioural Theories and Rules in Agent-Based Models to Enhance Dynamic Simulation of Urban Change
With the continuing growth of the urban population, many cities in the world are faced with challenges such as traffic congestion and misallocation of housing and infrastructure. Understanding and predicting the spatial ... -
The effects of infrastructure investment on economic development in China, with specific focus on High-Speed Railways
Relevant studies about the relationship between transport and economic development is not a new research area. Many advocates and policy makers believe that investment in transport projects can stimulate the economy in ... -
‘Money and (dis)connection’: Income inequality and network disadvantage as barriers to sustainable technology adoption
Scholars have highlighted the role of income distribution as a fundamental factor to understand consumption, health, adoption of technologies, social cohesion, democratic stability, and long term economic performance, among ... -
Prospect Theory in the Housing Market
Loss aversion, a behavioural bias on people’s asymmetric attitudes towards losses and gains, is a core concept in prospect theory. Similar to behavioural sciences in general, loss aversion has been widely applied in various ...
