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Spatial Dependency and Hedonic Housing Regression Model

2016 15th IEEE International Conference on Machine Learning and Applications (ICMLA), 2016
The location of a real estate property has a considerable impact on its appraised value. Accounting for geograph-ical information eliminates some reducible errors in the accuracy of a hedonic housing regression model. An im-proved performance will benefit home buyers, sellers, government and real estate professionals.
Timothy Oladunni, Sharad Sharma
openaire   +1 more source

Reflections on hedonic price modeling

Journal of European Real Estate Research
Purpose This paper provides a critical history of residential hedonic price modeling, highlighting key issues and advances. It is based on the keynote address presented by the first author at the European Real Estate Society Annual Conference in Sopot (GdaƄsk), Poland, in June 2024.
Steven C. Bourassa   +3 more
openaire   +1 more source

A Hedonic Model of Environmental Justice

SSRN Electronic Journal, 2006
Past attempts to uncover evidence that economically disadvantaged groups are unjustly exposed to environmental disamenities have failed to take into account self-selection behavior of individuals or groups of individuals. For instance, when choosing a place to live, households may be trading environmental quality for other housing, neighborhood and ...
openaire   +1 more source

A hedonic price model for islands

Journal of Urban Economics, 2003
Abstract This paper addresses the following question: Why do island prices vary across locations? To answer this question, an econometric model is developed to explain differences in island prices with respect to their characteristics (distance from the coast, size, economic and political situation of the membership State).
openaire   +1 more source

The effect of hedonic modeling and index weights on hedonic imputation indexes

2010
Housing price indexes are generally computed using variants of hedonic housing price models. The commonly used methods are the time-dummy method, the hedonic imputation method and the rolling window hedonic models. In addition, hedonic models that explicitly account for spatial correlation in prices reecting the price determining role of locational ...
Rambaldi, Alicia, Rao, D. S. Prasada
openaire   +1 more source

The Evolution of Hedonic Pricing Models

Journal of Real Estate Literature, 2023
Mahsa Khoshnoud   +2 more
openaire   +1 more source

The Characteristics Model, Hedonic Prices, and the Clientele Effect

Journal of Political Economy, 1988
In this paper, the characteristics model of Lancaster is reconsidered. It is shown by example that equilibrium prices need not be linearly decomposable. It does follow that equilibrium prices must be a convex function of characteristics, however. Further, it is shown that this fact holds independent of the form of firm competition (e.g., perfect or ...
openaire   +1 more source

The Path to Hedonic Information System Use Addiction: A Process Model in the Context of Social Networking Sites

Information Systems Research, 2023
Liette Lapointe   +2 more
exaly  

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