THE IMPACT OF RENT CONTROLS IN NON‐WALRASIAN MARKETS: AN AGENT‐BASED MODELING APPROACH
使用基于主体的模型研究非瓦尔拉斯住房市场中租金上限的影响，发现高于瓦尔拉斯均衡价格的租金上限也能影响市场结果，且减少租赁数量的租金上限不一定降低总市场剩余。
ABSTRACT We use agent‐based models to consider rent ceilings in non‐Walrasian housing markets, where bargaining between landlord and tenant leads to exchange at a range of prices. In the non‐Walrasian setting agents who would be extramarginal in the Walrasian setting frequently are successful in renting, and actually account for a significant share of the units rented. This has several implications. First, rent ceilings above the Walrasian equilibrium price (WEP) can affect the market outcome. Second, rent ceilings that reduce the number of units rented do not necessarily reduce total market surplus. Finally, the distributional impact of rent controls differs from the Walrasian setting.