In this paper, we use quantile regression analysis to explore the role submarket competition plays in setting housing prices in those price ranges where different submarkets occupy homes of similar price. We find evidence of direct competition between submarkets with different preferences for at...

We use a finite mixture model to identify latent submarkets from household demographics that estimates a separate hedonic regression equation for each submarket. The method is a relatively robust empirical tool to extract submarkets from demographic information with far less effort than...

In hedonic analysis, a common approach for eliciting information regarding the welfare significance of some landmark or (dis)amenity is to control for its distance from each observation. Unfortunately, the effects of distances to amenities on housing prices are generally not consistent...

In hedonic analysis, a common approach for eliciting information regarding the welfare significance of some landmark or (dis)amenity is to control for its distance from each observation. Unfortunately, the effects of distances to amenities on housing prices are generally not consistent...

Motivated to explore sustainability of renewable energy from bio-waste, this study attempted to discover the economic feasibility of effectively utilizing the existing agricultural waste to generate bio-energy, to complement local nucleus business by meeting specific market demands while...

A global modeling method is developed to describe the relationship between multi-type parameters and fuel cell performance, which significantly contributes to efficient performance prediction of fuel cell system. The multi-type parameters include operating parameters, geometric parameters of the...