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cond-mat.stat-mech2024
The Diffusive Nature of Housing Prices
Antoine-Cyrus Becharat, Michael Benzaquen, Jean-Philippe Bouchaud
We analyze the French housing market prices in the period 1970-2022, with high-resolution data from 2018 to 2022. The spatial correlation of the observed price field exhibits logar…
cond-mat.stat-mech2024★ 10 cited
Unlearnable Games and "Satisficing'' Decisions: A Simple Model for a Complex World
Jerome Garnier-Brun, Michael Benzaquen, Jean-Philippe Bouchaud
As a schematic model of the complexity economic agents are confronted with, we introduce the ``SK-game'', a discrete time binary choice model inspired from mean-field spin-glasses.…