IDEAS home Printed from https://ideas.repec.org/a/taf/rjrpxx/v8y2005i1p45-59.html
   My bibliography  Save this article

Supply-Side Effects and Contingent Valuation Analysis

Author

Listed:
  • Peter Colwell
  • Joseph Trefzger

Abstract

Market surveys, and the accompanying valuation technique known as contingent valuation analysis, have gained increasing acceptance in estimating values of properties or property features, especially when parcels are affected by conditions perceived as undesirable. While earlier articles have noted problems with surveys and the importance of the marginal buyer in determining prices, this discussion examines the marginal buyer in the context of a clientele that responds negatively (or positively) to a particular condition. It then explains how the market’s supply side, which is typically omitted from contingent valuation, can be combined with demand side-based survey results so that both sides of the market are considered.

Suggested Citation

  • Peter Colwell & Joseph Trefzger, 2005. "Supply-Side Effects and Contingent Valuation Analysis," Journal of Real Estate Practice and Education, Taylor & Francis Journals, vol. 8(1), pages 45-59, January.
  • Handle: RePEc:taf:rjrpxx:v:8:y:2005:i:1:p:45-59
    DOI: 10.1080/10835547.2005.12091612
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/10835547.2005.12091612
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/10835547.2005.12091612?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rjrpxx:v:8:y:2005:i:1:p:45-59. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rjrp20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.