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Land-use allocation is a multiobjective optimization problem as it involves multiple stakeholders with conflicting goals and objectives. In this paper we optimize both land price and incompatibility among adjacent land uses of an area and try to solve the problem with a widely used heuristic...
Persistent link: https://www.econbiz.de/10009018870
Information is taken from the Web for the hedonic analysis of real-estate rent. Twenty-three wards in Tokyo are chosen as the data-collection areas and the rents of condominiums are estimated. To utilize the website information, variables signifying areal reputation are generated from weblog...
Persistent link: https://www.econbiz.de/10011003035
Compensation paid to property owners for land expropriation is always a controversial topic, partly due to the difficulty in revealing households’ true valuation of their housing. This paper estimates and discusses the widely observed ‘willingness to accept–willingness to...
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What brought the concentration of people to certain areas? And how much are households prepared to pay in exchange for being part of such concentrations? Focusing on the Tokyo metropolitan area, which is one of the world’s largest urban areas, this paper aggregates individual data relating to...
Persistent link: https://www.econbiz.de/10010929775
This study constitutes a new approach to quantitative analysis of people's housing preferences. Using medium-sized apartments in Beijing as an example, seven floor plans were developed and a questionnaire survey was conducted where the respondents were asked to decide between different pairs of...
Persistent link: https://www.econbiz.de/10010952028
Measuring environment attributes in monetary terms is an effective approach for evaluating living environments and planning. This paper presents a study employing a hedonic pricing model on the externalities of local attributes in detached residential blocks in Tokyo. Results show that a group...
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