Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Comparative analysis of hedonic rents and maximum bids in a land-use simulation context
Transport and Mobility Laboratory, Ecole Polytechnique Fédérale de Lausanne.
2010 (English)In: Proceedings of the Swiss Transport Research Conference (STRC), Monte Verita/Ascona, Switzerland, 2010Conference paper, Published paper (Refereed)
Abstract [en]

The choice and bid-auction approaches for location choice modeling are analyzed and compared, with a focus in their rent estimation models: hedonic prices and expected maximum bids, respectively. A simulation experiment is performed over synthetic data, comparing several specifications for hedonic rent models with the expected maximum bid. Results show that the hedonic approach generates rents that diverge from the maximum bids. This results indicate that hedonic rent models can be improved by accounting for elements like household’s heterogeneity in preferences and market conditions or constraints.

Place, publisher, year, edition, pages
Monte Verita/Ascona, Switzerland, 2010.
Keyword [en]
location choice, hedonic rents, equilibrium, auction market, real estate
National Category
Transport Systems and Logistics
Identifiers
URN: urn:nbn:se:kth:diva-76835OAI: oai:DiVA.org:kth-76835DiVA: diva2:491208
Conference
STRC
Note
TSC import 994 2012-02-06. QC 20120209Available from: 2012-02-06 Created: 2012-02-06 Last updated: 2012-02-09Bibliographically approved

Open Access in DiVA

No full text

Search in DiVA

By author/editor
Flötteröd, Gunnar
Transport Systems and Logistics

Search outside of DiVA

GoogleGoogle Scholar

urn-nbn

Altmetric score

urn-nbn
Total: 41 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf