A Note on the Equilibrium Properties of Locational Sorting Models
By Patrick J. Bayer, C. Timmins. 2003
173 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/41d53d83a211214d7a35ed02470e2c869aeb110b
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Citations in the corpus
- Valuing open space in a residential sorting model of the Twin Cities (2010, methodology): “(2004) and Bayer and Timmins (2007), and as is often the case in discrete choice demand analysis, we will need to address the”
- NEW DIRECTIONS FOR URBAN ECONOMIC MODELS OF LAND USE CHANGE: INCORPORATING SPATIAL DYNAMICS AND HETEROGENEITY (2010, unknown): “Models of locational equilibrium with heterogeneous households, while abstracting from any explicit representation of space, provide another example of locational indifference: a sorting equilibrium is defined in these models as a set of individual location decisions that are optimal given the locat”
- The New Economics of Equilibrium Sorting and Policy Evaluation Using Housing Markets (2013, background): “Bayer and Timmins (2005) also prove existence in a model with social interactions by smoothing the preference function.”
- A revealed preference approach to the measurement of congestion in travel cost models (2007, unknown): “Bayer and Timmins (2005a) also provides Monte Carlo evidence on the performance of this instrumental variables strategy in a variety of empirical contexts.”
- An Equilibrium Model of Sorting in an Urban Housing Market (2004, unknown): “See Bayer and Timmins (2003) for a formal analysis of this issue. given the collective choices made by other households and the vector of market-clearing prices, and that households are sufficiently small such that they do not interact strategically with respect to particular draws on ε.”
- Spatial competition with endogenous location choices: An application to discount retailing (2009, unknown): “This simulation exercise is motivated by Bayer and Timmins (2004) .”
- Identification of Social Interactions (2011, unknown): “Bayer and Timmins use the functional form assumption (74) to construct instruments for estimation of this model. Their approach is a variant of models that all fall under the approach pioneered by Berry, Levinson, and Pakes (1995). An interesting aspect of Bayer and Timmins’ work is that they focus ”
- Driving to opportunity local rents, wages, commuting costs and sub-metropolitan quality of life (2015, background): “(2010) estimates for the value of school facilities and the Black (1999), Bayer et al. (2007), and Caetano (2010) estimates for the value schools with higher test scores.”