This paper presents a model of real estate asset price dynamics based on empirical evidence, economic theory, and common sense. We note important differences between real estate versus stock market price dynamics. We then use this model to simulate the investment performance of archetypical...

This paper reports on the current state of a project to develop a system dynamics (SD) model for urban housing markets in China, aimed at facilitating policy analysis and supporting practical educational tools that might reach large numbers of potential entrepreneurs in China. Although numerous...

This paper reports on the current state of a project to develop a system dynamics (SD) model for urban housing markets in China, aimed at facilitating policy analysis and supporting practical educational tools that might reach large numbers of potential entrepreneurs in China. Although numerous...

Intro -- Title Page -- Copyright Page -- Contents -- Foreword -- Authors’ Preface -- Acknowledgments -- About the Companion Website -- Chapter 1 Discounted Cash Flow Valuation: The Basic Procedures and Concepts Underlying Spreadsheet Valuation Constitute the Springboard to our Approach of...

This paper assesses the impact of Canada's air transportation policy on air accessibility of remote and arctic communities in a context of liberalization of the aviation industry. The central objective is to examine policy's impact on essential air service - travel and shipment. An observational...