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Spatial choices entailing many alternatives (e.g., residence, trip destination) are typically represented by compensatory models based on utility maximization with exogenous choice set generation, which might lead to incorrect choice sets and hence to biased demand elasticity estimates....
Persistent link: https://www.econbiz.de/10011332290
Recent 'studentification' processes raise issues regarding the positive and negative impacts of student influx on the urban environment. The positive impacts discussed in the literature include urban core revitalization, employment generation and economic growth. The negative externalities...
Persistent link: https://www.econbiz.de/10011332585
Knowledge-workers belonging to the super-creative core of the creative-class are considered a mean to induce economic growth and to sharpen the regional competitive edge. Driven by the key-role of housing in attracting and retaining knowledge-workers, most studies focus on the residential choice...
Persistent link: https://www.econbiz.de/10011336046
Attracting firms in knowledge and technology intensive (KTI) sectors is highly desired at both the national and the regional level as a powerful engine of economic growth. Due to fierce competition in KTI sectors and national taxation policies, KTI firms often attract high-quality employees by...
Persistent link: https://www.econbiz.de/10011336066
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Knowledge-workers belonging to the super-creative core of the creative-class are considered a mean to induce economic growth and to sharpen the regional competitive edge. Driven by the key-role of housing in attracting and retaining knowledge-workers, most studies focus on the residential choice...
Persistent link: https://www.econbiz.de/10009322019
Attracting firms in knowledge and technology intensive (KTI) sectors is highly desired at both the national and the regional level as a powerful engine of economic growth. Due to fierce competition in KTI sectors and national taxation policies, KTI firms often attract high-quality employees by...
Persistent link: https://www.econbiz.de/10009322279
This paper presents the development and estimation of a novel semi-compensatory model for residential choice. The model assumes that apartment seekers engage in a two-stage process, consisting of a non-compensatory strategy to retain only alternatives that meet search-criteria thresholds,...
Persistent link: https://www.econbiz.de/10009235136
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