Dresden 2006 – scientific programme

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AKSOE: Physik sozio-ökonomischer Systeme

AKSOE 10: Poster Session (posters are expected to be displayed the full day 8:30-18:00)

AKSOE 10.61: Poster

Wednesday, March 29, 2006, 16:00–18:00, P2

Skiba thresholds in a model of controlled migration — •Feichtinger Gustav — Vienna University of Technology

This paper presents a dynamic optimization model of a central challenge of US housing policy: deconcentrating poverty via housing mobility programs without inducing middle-class flight. We explore two versions both with and without the possibility that poor families assimilate into the middle class. Both demonstrate multiple equilibria with a Skiba point separating initial conditions for which the optimal strategy leads to substantial flight from those leading to a stronger middle-class population. We also find an interesting mathematical phenomenon of a No-dqlensNo-dq focusing the trajectories in a sense that allows for the coexistence of three saddles and an unstable equilib