Property Value Models

By Raymond B. Palmquist. 2005

383 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/7ae659313543c28d5f4c0ba8419932b7e2d8c0df

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In Economics and Econometrics

Citations in the corpus

The Spatial Extent of Water Quality Benefits in Urban Housing Markets (2011, background): “The use of hedonic property models for measuring the price effects of changes in environmental quality has been extensive (Palmquist 2005).”
Are Travelers Willing to Pay a Premium to Stay at a “Green” Hotel? Evidence from an Internal Meta-Analysis of Hedonic Price Premia (2010, background): “See Palmquist (2005) for a discussion. sis of how the accuracy in predicting MWTP varies across competing functional form assumptions.”
Cities in Developing Countries: Fueled by Rural–Urban Migration, Lacking in Tenure Security, and Short of Affordable Housing (2015, background): “Empirical work on valuation of services relies on contingent valuation (Cameron (1992), Whittington (2002)), conjoint and discrete-choice analysis (Earnhart (2002)), and estimation of hedonic models (Chattopadhyay, 1999, Malpezzi, 2003, and Palmquist, 2005).”
A sight for sore eyes: Assessing the value of view and land use in the housing market (2011, neutral): “Literature surveys of the hedonic approach applied to housing markets are provided by, for example, Bateman et al. (2001), Day (2001), Palmquist (2005) and Baranzini et al. (2008).”
Flood Hazards, Insurance Rates, and Amenities: Evidence From the Coastal Housing Market (2008, neutral): “Palmquist (2004) provides a useful summary of the theoretical aspects of hedonic price models.”
Buyer Information and the Hedonic: The Impact of a Seller Disclosure on the Implicit Price for Airport Noise (2008, methodology): “This study highlights one possible expla- 1 See Sheppard [16] and Palmquist [14] for extensive reviews on the hedonic method as applied to urban and environmental economics.”
Property Prices and Exposure to Multiple Noise Sources: Hedonic Regression with Road and Railway Noise (2010, methodology): “2 The hedonic regression technique has been discussed in several articles, books and book chapters (Bateman et al., 2001; Freeman, 2003; Haab and McDonnel, 2003; Ekeland et al., 2004; Palmquist, 2005; Andersson, 2008), and we therefore only give a brief introduction to the technique here.”
Classification and valuation of urban green spaces—A hedonic house price valuation (2013, methodology): “We modeled the hedonic price function using the semi-logarithmic functional form which is widely used in the hedonic literature (Palmquist, 2005).”
Forgetting the Flood? An Analysis of the Flood Risk Discount over Time (2013, background): “Economic theory does not provide definite guidance on the correct data range to be used in hedonic models, except that the contribution of the various characteristics to the value of the house should have been relatively stable over that time period (Palmquist 2005).”
Learning from Extreme Events: Risk Perceptions after the Flood (2010, methodology): “A repeat-sales model (Palmquist 1982, 2005) is used to remove unobserved, time-invariant characteristics of a property.”
Factors Influencing Illinois Farmland Values (2006, background): “…neither the theoretical nor the statistical literatures provide guidance for the determination of extent of the market for land transactions (Palmquist, 2005), the empirical literature suggests that it is appropriate to treat a region or state as a single land market (Palmquist and…”
The New Economics of Equilibrium Sorting and Policy Evaluation Using Housing Markets (2013, background): “…approaches to demand estimation can be divided into two frameworks: hedonic models that exploit the first-order conditions in (13) and sorting models that exploit the inequalities in (14) together with the equilibrium price function (see Palmquist (2005b) for a review of empirical hedonic models).”
Estimating the Impacts of Brownfield Remediation on Housing Property Values (2012, neutral): “Under 1 See Taylor (2003) and Palmquist (2005) for summaries of this literature.”