search

INET-Complexity / housing-model

Agent-based model of the UK housing market.
MIT License
39 stars 26 forks source link

Number of market clearing rounds #46

Closed adrian-carro closed 6 years ago

adrian-carro commented 7 years ago

Number of actual sales is far below the number of possible sales, taking into account the number of buyers and sellers coming to the market and the average bid and offer prices. Check if it is a matter of the actual distributions of bid and offer prices having only a small overlap or rather due to the number of clearing rounds not being enough.

adrian-carro commented 6 years ago

This is mostly due to the lack of overlap between bid and ask prices. The limited number of clearing round has been already addressed by iterating till exhaustion of bids or offers.

adrian-carro commented 6 years ago

This has been cleaned, explained and solved by commit d8485d0bbecae8f56919584168c7ce1704709a28