Results 11 to 20 of about 798 (229)
Spatial hedonic pricing models for the valuation of irrigation water [PDF]
Global NEST Journal, 2013 The main objective of this work is to apply the hedonic pricing method using the methodology of spatial econometrics in order to assess the economic value of irrigation water, as one of the individual attributes of the value of agricultural land parcels.
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BAYESIAN MODEL AVERAGING IN THE CONTEXT OF SPATIAL HEDONIC PRICING: AN APPLICATION TO FARMLAND VALUES [PDF]
Journal of Regional Science, 2010 Specification uncertainty arises in spatial hedonic pricing models because economic theory provides no guide in choosing the spatial weighting matrix and explanatory variables. Our objective in this paper is to investigate whether we can resolve uncertainty in the application of a spatial hedonic pricing model.
Geerte Cotteleer +2 more
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Journal of Transport and Land Use, 2021 Investment in public transportation such as a metro line extension is often capitalized partially into housing values due to the spatiotemporal effects.
ChengHe Guan +2 more
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A spatial semiparametric M-quantile regression for hedonic price modelling
AStA Advances in Statistical Analysis, 2023 AbstractThis paper proposes an M-quantile regression approach to address the heterogeneity of the housing market in a modern European city. We show how M-quantile modelling is a rich and flexible tool for empirical market price data analysis, allowing us to obtain a robust estimation of the hedonic price function whilst accounting for different sources
Schirripa Spagnolo, Francesco +4 more
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An Alternative to the Standard Spatial Econometric Approaches in Hedonic House Price Models [PDF]
Land Economics, 2015 Omitted, misspecified, or mismeasured spatially varying characteristics are a cause for concern in hedonic house price models. Spatial econometrics or spatial fixed effects have become popular ways of addressing these concerns. We discuss the limitations of standard spatial approaches to hedonic modeling and demonstrate the spatial generalized additive
von Graevenitz, Kathrine +1 more
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A Priori Spatial Segmentation of Commercial Property Market using Hedonic Price Modelling [PDF]
Real Estate Management and Valuation, 2021 Abstract The improvement of property price modelling accuracy using property market segmentation approaches is well documented in the housing market. However, that cannot be said of the commercial property market which is adjudged to be volatile, heterogeneous and thinly traded.
Usman, Hamza +2 more
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Correctly Specifying Environmental Assets in Spatial Hedonic Pricing Models [PDF]
Society & Natural Resources, 2015 In hedonic pricing models, researchers attempt to capture the marginal benefits of environmental assets using various classifications to differentiate them, such as natural parks versus playground parks. This improves the accuracy of the estimation, but the trade-off is the increased time and cost of data acquisition.
Tapsuwan, Sorada, Polyakov, Maksym
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A gamma generalised linear model as an alternative to log linear real estate price functions
Journal of Economic and Financial Sciences, 2019 Orientation: Residential property markets play an important role in economies, informing policy development and decision-making. However, measuring quality-adjusted growth is difficult because of the heterogeneity of properties.
Dane Bax, Temesgen Zewotir, Delia North
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ISPRS International Journal of Geo-Information, 2019 The main purpose of this paper is to use regression models to explore the factors affecting housing prices as well as apply spatial aggregation to explore the changes of urban space prices.
Wen-Ching Wang +2 more
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Influence of Geographical Effects in Hedonic Pricing Models for Grass-Fed Cattle in Uruguay [PDF]
, 2020 A series of non-spatial and spatial hedonic models of feeding and replacement cattle prices at video auctions in Uruguay (2002 to 2009) were specified with predictors measuring marketing conditions (e.g., steer price), cattle characteristics (e.g., breed)
Lu, B +11 more
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