Experiments with central-limit properties of spatial examples from locally covariant random fields

Article Abstract:

Samples that exhibit a degree of spatial dependence necessitates the employment of moving-average processes to normalize the asymptotic distributions. The use of rectangular integer lattices suggests that for spatial moving-average models, sampling distributions of locally covariant random fields have significant normality properties. Thus, the potential use oflocally covariant random fields for spatial data is apparent.

Analysis, Usage, Lattice theory, Spatial analysis (Statistics), Asymptotic distribution (Probability theory)

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A general equilibrium simulation model of housing markets with indivisibility

Article Abstract:

Urban housing markets are examined using a general equilibrium model and employing a modified Scarf fixed point algorithm. Heterogeneous household preferences and house types are accommodated by the model, in which housing is handled as a differentiated, indivisible commodity. The model is used to solve a numerical case.

Models, Supply and demand, Housing, Cities and towns, Urban economics, Equilibrium (Economics)

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