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Record W4405317212 · doi:10.1016/j.jocm.2024.100535

Location choice of residential housing supply: An application of the multiple discrete-continuous extreme value (MDCEV) model

2024· article· en· W4405317212 on OpenAlexafffundabout
Yu Zhang, Eric J. Miller

Bibliographic record

VenueJournal of Choice Modelling · 2024
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicHousing Market and Economics
Canadian institutionsUniversity of Toronto
FundersUniversity of Toronto
KeywordsDiscrete choiceValue (mathematics)EconometricsEconomicsExtreme value theoryBusinessStatisticsMathematics

Abstract

fetched live from OpenAlex

The supply location of residential housing is the result of multiple, simultaneous decisions by housing developers. This choice situation can be characterized by the discretionary choice of locations for the housing projects and the amount of housing units to be built at the given locations. Within this context, the modelling of residential housing supply locations, or the allocation of predicted housing supply over space, is a discrete-continuous process. In this paper, we apply a multiple discrete continuous extreme value (MDCEV) model to simultaneously model the location choice and amount of housing supply. The empirical study is conducted in the city of Toronto with a pooled model, and four separated models for each structure type. The prediction results indicate reasonable fits. The developed model can be used to generate housing supply at a given period over space in an urban microsimulation system and serves as a valuable tool for policymakers, urban planners, and researchers in the field of housing supply and urban systems. • Advanced Supply Choice Modelling Framework: The study introduces an advanced multiphases framework for modelling housing supply within the urban microsimulation system context. • Innovative MDCEV Application: The study develops a Multiple Discrete-Continuous Extreme Value (MDCEV) model to simultaneously address location choice and housing supply allocation. • Significance for Urban Planning: The MDCEV model developed is empirically tested using data from the City of Toronto, with separate models developed for different housing structure types, demonstrating strong predictive accuracy and model fitness.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.003
metaresearch head score (Gemma)0.008
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.018
Threshold uncertainty score0.035

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0030.008
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0010.002
Bibliometrics0.0010.001
Science and technology studies0.0010.001
Scholarly communication0.0020.002
Open science0.0030.002
Research integrity0.0020.002
Insufficient payload (model declined to judge)0.0050.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.050
GPT teacher head0.250
Teacher spread0.200 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designSimulation or modeling
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations2
Published2024
Admission routes3
Has abstractyes

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Same venueJournal of Choice ModellingSame topicHousing Market and EconomicsFrench-language works237,207