Valuing the Built Environment is popular PDF and ePub book, written by Scott Orford in 2017-09-08, it is a fantastic choice for those who relish reading online the Science genre. Let's immerse ourselves in this engaging Science book by exploring the summary and details provided below. Remember, Valuing the Built Environment can be Read Online from any device for your convenience.
Valuing the Built Environment Book PDF Summary
This book critically assesses the hedonic pricing technique as a method of imputing monetary values for the implicit attributes of housing. The hedonic technique is widely used, particularly in the US, but increasingly in Europe and Asia and has proved to yield important results and influence cost-benefit analysis. Scott Orford breaks new ground in this volume by exploring hedonic house price models within a geographical rather than purely economic context. He reevaluates the microeconomic theory of housing markets and concludes that only by treating housing market dynamics as inherently spatial can empirical results conform to the theory that underpins them. He also makes conclusions with respect to locational externalities, which have important implications as to how the built environment is valued.
Detail Book of Valuing the Built Environment PDF
- Author : Scott Orford
- Release : 08 September 2017
- Publisher : Routledge
- ISBN : 9781351876131
- Genre : Science
- Total Page : 214 pages
- Language : English
- PDF File Size : 13,8 Mb
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