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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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    Cited by:

    1. 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.
    2. 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.
    3. 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.
    4. 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.
    5. 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.
    6. 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.
    7. 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.
    8. Brueckner, Jan K., 2013. "Slums in developing countries: New evidence for Indonesia," Journal of Housing Economics, Elsevier, vol. 22(4), pages 278-290.
    9. 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.
    10. McMillen, Daniel P., 1997. "Multiple Regime Bid-Rent Function Estimation," Journal of Urban Economics, Elsevier, vol. 41(2), pages 301-319, March.
    11. 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.
    12. Francisco Martínez, 2016. "Cities’ power laws: the stochastic scaling factor," Environment and Planning B, , vol. 43(2), pages 257-275, March.
    13. 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.
    14. 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.
    15. 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.
    16. 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.
    17. 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.
    18. 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.
    19. 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.

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