Dunning, R.J. orcid.org/0000-0003-0397-679X (2017) Competing Notions of Search for Home: Behavioural Economics and Housing Markets. Housing, Theory and Society, 34 (1). pp. 21-37. ISSN 1403-6096
Abstract
The frequent use of the unifying term “behavioural economics” in contemporary economic theories and English housing policies masks divergent accounts of human ability, search processes and housing markets. The resurgence in interest in the behaviours of housing markets brings exchange mechanisms and housing search processes into sharp focus; this paper provides and applies a framework to assess the compatibility of behavioural economics theories of housing search. Assessing the ontological commitments of theories is possible through analysis of their conceptualizations of human ability, the search process and the structure and operation of the market. This assessment reveals a spectrum of diversity; distinctions between “old” and “new” behavioural economics are evident despite there being only limited acknowledgement of this variation. Whilst significant contributions to housing economics have taken place across the spectrum, clear distinctions are needed to prevent policy-makers’ inadvertently misapplying incompatible approaches to behavioural economics and to prevent inappropriate synthesis in academic theorization.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2016 IBF, The Institute for Housing and Urban Research. This is an author produced version of a paper subsequently published in Housing, Theory and Society. Uploaded in accordance with the publisher's self-archiving policy. |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Department of Urban Studies & Planning (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 27 Jun 2016 10:30 |
Last Modified: | 30 Nov 2017 01:38 |
Published Version: | https://dx.doi.org/10.1080/14036096.2016.1190784 |
Status: | Published |
Publisher: | Taylor & Francis |
Refereed: | Yes |
Identification Number: | 10.1080/14036096.2016.1190784 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:101185 |