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Hedonic theory, bid rents, and willingness-to-pay: Some extensions of Ellickson's results

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  • Lerman, Steven R.
  • Kern, Clifford R.

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  • Lerman, Steven R. & Kern, Clifford R., 1983. "Hedonic theory, bid rents, and willingness-to-pay: Some extensions of Ellickson's results," Journal of Urban Economics, Elsevier, vol. 13(3), pages 358-363, May.
  • Handle: RePEc:eee:juecon:v:13:y:1983:i:3:p:358-363
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    1. Huai, Yue & Lo, Hong K. & Ng, Ka Fai, 2021. "Monocentric versus polycentric urban structure: Case study in Hong Kong," Transportation Research Part A: Policy and Practice, Elsevier, vol. 151(C), pages 99-118.
    2. Clifford Lipscomb & Michael Farmer, 2005. "Household diversity and market segmentation within a single neighborhood," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 39(4), pages 791-810, December.
    3. Tomás Cox & Ricardo Hurtubia, 2021. "Latent Segmentation of Urban Space through Residential Location Choice," Networks and Spatial Economics, Springer, vol. 21(1), pages 199-228, March.
    4. Jason Hawkins & Adam Weiss & Khandker Nurul Habib, 2021. "Household-level dynamics in residential location choice modelling with a latent auction method," Environment and Planning B, , vol. 48(2), pages 314-330, February.
    5. Brueckner, Jan K., 2013. "Slums in developing countries: New evidence for Indonesia," Journal of Housing Economics, Elsevier, vol. 22(4), pages 278-290.
    6. Chattopadhyay, Sudip, 1998. "An Empirical Investigation into the Performance of Ellickson's Random Bidding Model, with an Application to Air Quality Valuation," Journal of Urban Economics, Elsevier, vol. 43(2), pages 292-314, March.
    7. J L Horowitz, 1988. "What Should we Expect from Models of the Sale Process and Price Formation in Housing Markets," Environment and Planning A, , vol. 20(6), pages 829-832, June.
    8. Ekanem, Enefiok P. & Sundquist, W. Burt, 1993. "Estimating Marginal Implicit Prices For Selected Quality Attributes Of Hybrid Seed Corn," Staff Papers 13473, University of Minnesota, Department of Applied Economics.
    9. Cameron, Trudy Ann & James, Michelle D, 1987. "Efficient Estimation Methods for "Closed-ended' Contingent Valuation Surveys," The Review of Economics and Statistics, MIT Press, vol. 69(2), pages 269-276, May.
    10. Teulings, Coen N. & Ossokina, Ioulia V. & de Groot, Henri L.F., 2018. "Land use, worker heterogeneity and welfare benefits of public goods," Journal of Urban Economics, Elsevier, vol. 103(C), pages 67-82.
    11. Palmquist, Raymond B., 2006. "Property Value Models," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 2, chapter 16, pages 763-819, Elsevier.
    12. Zhi Dong & Tien Sing, 2014. "Developer Heterogeneity and Competitive Land Bidding," The Journal of Real Estate Finance and Economics, Springer, vol. 48(3), pages 441-466, April.
    13. Trudy Ann Cameron & Michelle D. James, 1986. "Utilizing "Closed-Ended" Contingent Valuation Survey DAta for Preliminary Demand Assessments," UCLA Economics Working Papers 415, UCLA Department of Economics.
    14. Muto, Sachio, 2006. "Estimation of the bid rent function with the usage decision model," Journal of Urban Economics, Elsevier, vol. 60(1), pages 33-49, July.
    15. Cristián Mardones, 2006. "Impacto de la Percepción de la Calidad del Aire sobre el Precio de las Viviendas en Concepción-Talcahuano, Chile," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 43(128), pages 301-330.
    16. McMillen, Daniel P., 1997. "Multiple Regime Bid-Rent Function Estimation," Journal of Urban Economics, Elsevier, vol. 41(2), pages 301-319, March.
    17. Francisco Martínez, 2016. "Cities’ power laws: the stochastic scaling factor," Environment and Planning B, , vol. 43(2), pages 257-275, March.
    18. Ricardo Hurtubia & Michel Bierlaire, 2014. "Estimation of Bid Functions for Location Choice and Price Modeling with a Latent Variable Approach," Networks and Spatial Economics, Springer, vol. 14(1), pages 47-65, March.
    19. Yannis M. Ioannides & Jeffrey E. Zabel, 2003. "Neighbourhood effects and housing demand," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 18(5), pages 563-584.

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