Isobenefit Lines, Breaking Point of equal attraction, Uniformity Benefit, Variety Value and Proximity Value, Preference Gap Gain
AbstractIsobenefit Lines can offer a certain range of applicability in Location Theory and Gravitational Models for Urban and Geography Economics, in positional decision processes made by citizens, and, last but not least, in land value and property market theories and analysis. The value of a land, or a property, in a generic k point, is, ceteris paribus, the mirror of the quality, attractiveness, benefit characterizing k. Preference Gap Gain (PGG) of a person, is the difference between his Personal Isobenefit Lines and that of the majority of people. In monetary terms, when buying or renting a property, it can become an economic gain or vice versa, and PGG localizes and quantifies this gain.
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Bibliographic InfoPaper provided by arXiv.org in its series Papers with number 1210.7510.
Date of creation: Oct 2012
Date of revision: Sep 2013
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Web page: http://arxiv.org/
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-11-11 (All new papers)
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- Marshall, Alfred, 1890. "The Principles of Economics," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number marshall1890.
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