The housing market is complex, multidimensional and depends on the variability of external factors and the amount of information available to the agents involved in the process. Despite the challenges associated to this theme, its relevance in the socioeconomic and territorial context, sustains...

Spatial homogeneity is a strong assumption in the hedonic housing price context; if not analyzed conveniently it can be a potential source of specification errors. Spatial heterogeneity occurs when a territorial segmentation exists in the housing market and, therefore, either the hedonic prices...

The paper presents a foresight analysis methodology and its empirical application in the context of housing market. This work was developed in the context of a wider research project, ?Drivers Of housiNg demand in Portuguese Urban sysTem? ? DONUT, which analyses the Portuguese housing market....

Portugal is divided in two major parts: i) the coastal zone, with a higher demographic density and where the main economic activities are concentrated; ii) the periphery, where a low economic performance and a depressed demographic dynamics coexist. Economy and demography interact, reinforcing...

A decision problem is relatively complex and broadly involves two distinct moments, i) information gathering and ii) use of available information and decision-making. In the first case one can discuss the potential of rigorous methods (statistical analysis and modelling) commonly used to enable...

The socioeconomic importance of housing and its medium- and long-term investment returns requires a significant effort to predict future dynamics to ensure that the different real estate market agents make the best decisions. Furthermore, the territory structure and the lack of information and...

Spatial heterogeneity, spatial dependence and spatial scale constitute key features of spatial analysis of housing markets. However, the common practice of modelling spatial dependence as being generated by spatial interactions through a known spatial weights matrix is often not satisfactory....

Universities can significantly contribute to consolidating the coherence of regional innovation systems, to promoting and stimulating cooperation networks and supporting the accumulation of both codified and tacit knowledge. These are vital attributes for regional economic performance under...

This theoretical paper examines the contributions of the neo-classical approach to the explanation of deep and persistent geographical inequalities in economic development. Central insights of each approach are combined in a model of regional economic inequality, here defined as differences in...