Housing market segmentation and hedonic prediction accuracy

By Allen C. Goodman, T. Thibodeau. 2003

403 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/5b466ede913ed0c85e615bae8c8737369233f92f

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Citations in the corpus

Geographically Weighted Colocation Quotients: Specification and Application (2014, methodology): “This variable was chosen as a built-environment indicator of housing submarket homogeneity that would be useful in hedonic price analysis (Goodman and Thibodeau 2003; Wu and Sharma 2011).”
Pricing in the sharing economy: a hedonic pricing model applied to Airbnb listings (2018, positive): “The technique has been widely used in real estate (Goodman, 1978; Goodman & Thibodeau, 2003; Witte, Sumka, & Erekson, 1979) and price competitiveness of tourism packages (Aguiló, Riera, & Rosselló, 2005; Clewer, Pack, Sinclair, Johnson, & Thomas, 1992; Mangion, Durbarry, & Sinclair, 2005; Taylor,…”
The Spatial Proximity of Metropolitan Area Housing Submarkets (2007, background): “Goodman and Thibodeau (1998, 2003), for example, identify housing submarket boundaries using hierarchical models.”
Predicting House Prices with Spatial Dependence: A Comparison of Alternative Methods (2010, neutral): “Goodman and Thibodeau (2003) compare predictions for three submarket definitions with those for a market-wide model for Dallas.”
Spatial Heterogeneity in Hedonic House Price Models: The Case of Austria (2014, background): “In real estate research, it is well established that hedonic prices may vary across space such as stratifications of metropolitan areas, regions, and counties (e.g., Bourassa et al., 1999; Goodman and Thibodeau, 2003; Bischoff and Maennig, 2011; Helbich et al., 2013a).”