HEDONIC PRICING WHEN HOUSING IS ENDOGENOUS: THE VALUE OF ACCESS TO THE TRANS-ISRAEL HIGHWAY.

ABSTRACT Standard hedonic house pricing assumes that house prices are independent of the intangible to be priced. A methodology is proposed in which the supply as well as the demand for housing depends on the intangible. The methodology is applied to value access to the Trans-Israel Highway (TIH). U...

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Detalles Bibliográficos
Publicado en:Journal of Regional Science Vol. 56; no. 1; pp. 134 - 156
Autores principales: Beenstock, Michael, Feldman, Dan, Felsenstein, Daniel
Formato: Artículo
Publicado: Wiley-Blackwell Jan2016
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Acceso en línea:Ver este registro en EBSCOhost