Modelling House Prices

Modelling House Prices PDF Author: Marko Hannonen
Publisher: Suomen E-painos Oy
ISBN: 9526613678
Category : Mathematics
Languages : en
Pages : 50

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Book Description
This booklet is a final complement to the series of investigations (”A Field Theory of House Prices”, ISBN 978-952-6613-36-9 and ”Nonstandard House Price Theory”, ISBN 978-952-6613-66-6) on the fundamental nature of house prices, which is, strictly speaking, a mathematical question. As in the earlier e-books on the scientific essence of house prices by the author, this booklet analyses house prices using the concept of a vector field. The fundamental idea underlying this e-book is that housing demand, housing supply and house prices can be investigated not as scalar functions but as genuine vector fields.

Modelling House Prices

Modelling House Prices PDF Author: Marko Hannonen
Publisher: Suomen E-painos Oy
ISBN: 9526613678
Category : Mathematics
Languages : en
Pages : 50

Get Book Here

Book Description
This booklet is a final complement to the series of investigations (”A Field Theory of House Prices”, ISBN 978-952-6613-36-9 and ”Nonstandard House Price Theory”, ISBN 978-952-6613-66-6) on the fundamental nature of house prices, which is, strictly speaking, a mathematical question. As in the earlier e-books on the scientific essence of house prices by the author, this booklet analyses house prices using the concept of a vector field. The fundamental idea underlying this e-book is that housing demand, housing supply and house prices can be investigated not as scalar functions but as genuine vector fields.

Palgrave Handbook of Econometrics

Palgrave Handbook of Econometrics PDF Author: Terence C. Mills
Publisher: Springer
ISBN: 0230244408
Category : Business & Economics
Languages : en
Pages : 1406

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Book Description
Following theseminal Palgrave Handbook of Econometrics: Volume I , this second volume brings together the finestacademicsworking in econometrics today andexploresapplied econometrics, containing contributions onsubjects includinggrowth/development econometrics and applied econometrics and computing.

A Field Theory of House Prices

A Field Theory of House Prices PDF Author: Marko Hannonen
Publisher: Suomen E-painos Oy
ISBN: 9526613368
Category : Mathematics
Languages : en
Pages : 74

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Book Description
This book presents the essential ideas of the field theory of house prices. This theory combines some fundamental concepts of classical physics and standard economics, providing a new, alternative way of thinking about house prices. In the field theory of house prices a new concept of analysis is defined: house prices by distance from the CBD (Central Business District). In traditional neoclassical economics, house prices are analysed directly without including the location element of a house. The field theory, however, takes location explicitly into account by analysing house prices divided by the distance from the CBD. The main ideas of the field theory are also applicable to the land markets and facilities markets, where location plays a significant role in the analysis of property prices. The author is a Doctor of Science (Technology), whose research interest focuses on applied mathematics and economics.

House Price Methodology

House Price Methodology PDF Author: Marko Hannonen
Publisher: Suomen E-painos Oy
ISBN: 9526613767
Category : Mathematics
Languages : en
Pages : 51

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Book Description
This booklet discusses some major methodological issues relating to the construction of house price models on a macro level. There is no single method that always produces the optimal results; the choice of a particular approach, method, theory, model and technique is context-dependent. This is especially true in housing markets, where a multitude of different submarkets exist. The methodology chosen should be based on sound theory, from which the basic concepts of analysis can be derived. This booklet discusses the use of potential models, which can be constructed using a general field theory, and which act as a theoretical foundation for further analysis. If we use potential models for house price analysis we can discover additional features from the data set that other approaches would simply miss. This e-book presents a pragmatic overview of key methodological concerns with the emphasis on the use of potential models. Theoretical methodological questions are left unanswered, and are not even presented in this text, since they have little relevancy to real-world modelling questions.

Advances in Automated Valuation Modeling

Advances in Automated Valuation Modeling PDF Author: Maurizio d'Amato
Publisher: Springer
ISBN: 3319497464
Category : Technology & Engineering
Languages : en
Pages : 435

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Book Description
This book addresses several problems related to automated valuation methodologies (AVM). Following the non-agency mortgage crisis, it offers a variety of approaches to improve the efficiency and quality of an automated valuation methodology (AVM) dealing with emerging problems and different contexts. Spatial issue, evolution of AVM standards, multilevel models, fuzzy and rough set applications and quantitative methods to define comparables are just some of the topics discussed.

Appraisal: From Theory to Practice

Appraisal: From Theory to Practice PDF Author: Stefano Stanghellini
Publisher: Springer
ISBN: 331949676X
Category : Science
Languages : en
Pages : 342

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Book Description
This book documents the state of the art and the emerging operational perspectives in the field of the appraisal discipline. It covers a wide range of topics, including energy efficiency, environmental sustainability, socio-economic evaluation of regional and urban transformations, real estate and facility management, risk management. It also discusses the potential role of appraisal in minimising unexpected consequences; the role of evaluators in urban development projects as well as the contribution of several methodologies with respect to the overall planning and design processes; the need to manage the complexity of the current decision contexts, while at the same time promoting efficient and effective evaluation processes; improving the quality of discussion and communication of the outcomes of evaluation processes; as well as the appropriateness of current regulation and policy regimes (EU, national, regional etc.). It comprises a selection of the best papers presented at the SIEV 2015 conference "Appraisal: Current Issues and Problems", which was held in Bari, Italy, in July 2015, and brought together architects, engineers, urban planners, decision-makers and government representatives.

Proceedings of the International Conference on Advanced Intelligent Systems and Informatics 2016

Proceedings of the International Conference on Advanced Intelligent Systems and Informatics 2016 PDF Author: Aboul Ella Hassanien
Publisher: Springer
ISBN: 3319483080
Category : Technology & Engineering
Languages : en
Pages : 933

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Book Description
This book gathers the proceedings of the 2nd International Conference on Advanced Intelligent Systems and Informatics (AISI2016), which took place in Cairo, Egypt during October 24–26, 2016. This international interdisciplinary conference, which highlighted essential research and developments in the field of informatics and intelligent systems, was organized by the Scientific Research Group in Egypt (SRGE) and sponsored by the IEEE Computational Intelligence Society (Egypt chapter) and the IEEE Robotics and Automation Society (Egypt Chapter). The book’s content is divided into four main sections: Intelligent Language Processing, Intelligent Systems, Intelligent Robotics Systems, and Informatics.

Computational Science and Its Applications – ICCSA 2017

Computational Science and Its Applications – ICCSA 2017 PDF Author: Osvaldo Gervasi
Publisher: Springer
ISBN: 3319623982
Category : Computers
Languages : en
Pages : 790

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Book Description
The six-volume set LNCS 10404-10409 constitutes the refereed proceedings of the 17th International Conference on Computational Science and Its Applications, ICCSA 2017, held in Trieste, Italy, in July 2017. The 313 full papers and 12 short papers included in the 6-volume proceedings set were carefully reviewed and selected from 1052 submissions. Apart from the general tracks, ICCSA 2017 included 43 international workshops in various areas of computational sciences, ranging from computational science technologies to specific areas of computational sciences, such as computer graphics and virtual reality. Furthermore, this year ICCSA 2017 hosted the XIV International Workshop On Quantum Reactive Scattering. The program also featured 3 keynote speeches and 4 tutorials.

Nonstandard House Price Theory

Nonstandard House Price Theory PDF Author: Marko Hannonen
Publisher: Suomen E-painos Oy
ISBN: 952661366X
Category : Mathematics
Languages : en
Pages : 57

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Book Description
This is an e-book about a dynamic field theory of house prices, which simplifies the ideas in the author’s previous work, A Field Theory of House Prices (ISBN 978-952-6613-36-9). The text provides new, highly workable ideas based on the major ideas of classical physics combined with the major ideas of classical economics. This synthesis is known as a dynamic field theory of house prices. This is a novel theory that provides a unified, general framework for decision-making that can be applied to any macro-level question about house prices. In order to understand the ideas of this e-book, it is assumed that the reader has a basic understanding of mathematics, which is the language of exact science. The workability of the ideas presented in this e-book are demonstrated using some real, large data sets. These empirical results are documented in the presented material. The local disposable income and the interest variable typically applied in Finland are the ”pushing forces” that generate the demand field. The supply side is the ”attracting force” that does not influence the house prices in the samples investigated, but is still a force that exists. What is a house price? What are the demand field and supply field of housing? This book explains these issues.

Regional Research Frontiers - Vol. 2

Regional Research Frontiers - Vol. 2 PDF Author: Randall Jackson
Publisher: Springer
ISBN: 3319505904
Category : Business & Economics
Languages : en
Pages : 308

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Book Description
This is the second volume in a two-part series on frontiers in regional research. It identifies methodological advances as well as trends and future developments in regional systems modelling and open science. Building on recent methodological and modelling advances, as well as on extensive policy-analysis experience, top international regional scientists identify and evaluate emerging new conceptual and methodological trends and directions in regional research. Topics such as dynamic interindustry modelling, computable general equilibrium models, exploratory spatial data analysis, geographic information science, spatial econometrics and other advanced methods are the central focus of this book. The volume provides insights into the latest developments in object orientation, open source, and workflow systems, all in support of open science. It will appeal to a wide readership, from regional scientists and economists to geographers, quantitatively oriented regional planners and other related disciplines. It offers a source of relevant information for academic researchers and policy analysts in government, and is also suitable for advanced teaching courses on regional and spatial science, economics and political science.