This paper presents a simulation procedure that uses GIS technology for integrating accessibility to services and working places in order to improve modeling of houses values. Most real estate models use simple functions of distance to CBD in order to evaluate access to services and centrality. However, cities are complex systems. Secondary business centers appear. Shopping malls are disseminated. And, daily services are often located in the neighborhoods.
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Paper provided by Laval - Faculte des sciences de administration in its series Papers with number
99-011.
Length: 9 pages Date of creation: 1999 Date of revision: Handle: RePEc:fth:lavadm:99-011
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Find related papers by JEL classification: C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation and Testing R20 - Urban, Rural, and Regional Economics - - Household Analysis - - - General
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