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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.
Author: Marko Hannonen
Publisher: Suomen E-painos Oy
ISBN: 9526613368
Category : Mathematics
Languages : en
Pages : 74
Get Book Here
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.
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.
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.
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.
Author: Josh Ryan-Collins
Publisher: Zed Books Ltd.
ISBN: 1786991217
Category : Business & Economics
Languages : en
Pages : 306
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Book Description
Why are house prices in many advanced economies rising faster than incomes? Why isn’t land and location taught or seen as important in modern economics? What is the relationship between the financial system and land? In this accessible but provocative guide to the economics of land and housing, the authors reveal how many of the key challenges facing modern economies - including housing crises, financial instability and growing inequalities - are intimately tied to the land economy. Looking at the ways in which discussions of land have been routinely excluded from both housing policy and economic theory, the authors show that in order to tackle these increasingly pressing issues a major rethink by both politicians and economists is required.
Author: James Albright
Publisher: Springer
ISBN: 9811053855
Category : Social Science
Languages : en
Pages : 311
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Book Description
Highlighting the conceptual work at the heart of Pierre Bourdieu’s reflexive sociology, this cutting edge collection operationalizes Bourdieusian concepts in field analysis. Offering a unique range of explorations and reflections utilizing field analysis, the eighteen chapters by prominent Bourdieusian scholars and early career scholars synthesize key insights and challenges scholars face when going ‘beyond the fields we know’. The chapters offer examples from discipline contexts as diverse as cultural studies, poetry, welfare systems, water management, education, journalism and surfing and provide demonstrations of theorizing within practical examples of field analysis. One of the foremost social philosophers and sociologists of the twentieth century, Bourdieu is widely known in cultural studies and education and his approaches are increasingly being taken up in health, social work, anthropology, family studies, journalism, communication studies and other disciplines where an analysis of the interplay between individuals and social structures is relevant. With its unique interdisciplinary focus, this book provides a useful guide to doing field analysis and working with Bourdieusian methods research, as well as key reading for methodology courses at post-graduate level.
Author: Miao Qiao
Publisher: Springer Nature
ISBN: 3030693775
Category : Computers
Languages : en
Pages : 231
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Book Description
This book constitutes the refereed proceedings of the 32nd Australasian Database Conference, ADC 2021, held in Dunedin, New Zealand, in January/February 2021. The 17 full papers presented were carefully reviewed and selected from 21 submissions. The Australasian Database Conference is an annual international forum for sharing the latest research advancements and novel applications of database systems, data-driven applications, and data analytics between researchers and practitioners from around the globe, particularly Australia and New Zealand. ADC shares novel research solutions to problems of todays information society that fullfil the needs of heterogeneous applications and environments and to identify new issues and directions for future research and development work.
Author: B. E. Baaquie
Publisher: Cambridge University Press
ISBN: 1108423159
Category : Business & Economics
Languages : en
Pages : 717
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Book Description
This book provides an introduction to how the mathematical tools from quantum field theory can be applied to economics and finance. Providing a range of quantum mathematical techniques for designing financial instruments, it demonstrates how a range of topics have quantum mechanical formulations, from asset pricing to interest rates.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264197184
Category :
Languages : en
Pages : 186
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Book Description
This Handbook provides, for the first time, comprehensive guidelines for the compilation of Residential Property Price Indexes and explains in depth the methods and best practices used to calculate an RPPI.
Author: Anthony Duncan
Publisher: Oxford University Press
ISBN: 0191642207
Category : Science
Languages : en
Pages :
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Book Description
The book attempts to provide an introduction to quantum field theory emphasizing conceptual issues frequently neglected in more "utilitarian" treatments of the subject. The book is divided into four parts, entitled respectively "Origins", "Dynamics", "Symmetries", and "Scales". The emphasis is conceptual - the aim is to build the theory up systematically from some clearly stated foundational concepts - and therefore to a large extent anti-historical, but two historical Chapters ("Origins") are included to situate quantum field theory in the larger context of modern physical theories. The three remaining sections of the book follow a step by step reconstruction of this framework beginning with just a few basic assumptions: relativistic invariance, the basic principles of quantum mechanics, and the prohibition of physical action at a distance embodied in the clustering principle. The "Dynamics" section of the book lays out the basic structure of quantum field theory arising from the sequential insertion of quantum-mechanical, relativistic and locality constraints. The central role of symmetries in relativistic quantum field theories is explored in the third section of the book, while in the final section, entitled "Scales", we explore in detail the feature of quantum field theories most critical for their enormous phenomenological success - the scale separation property embodied by the renormalization group properties of a theory defined by an effective local Lagrangian.
