On the equilibrium properties of locational sorting models

Bayer, Patrick; Timmins, Christopher

doi:10.1016/j.jue.2004.12.008

Cited by 126 publications

(84 citation statements)

References 25 publications

(49 reference statements)

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“…In this respect, future research may examine differences in willingness-to-pay over different population groups, by considering heterogeneity in household characteristics (Bajari and Benkard 2005;Bajari and Kahn 2005). Given data availability, such analysis can also shed light on the sorting process that is initiated by the development of the new highways, and to track the demographic change in neighborhoods which may result from this process (Bayer et al 2004;Bayer and Timmins 2005).…”

Section: Conclusion and Discussionmentioning

confidence: 99%

The effects of highway development on housing prices

Levkovich

Rouwendal

Marwijk³

2015

Transportation

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The purpose of this research is to estimate the effects of highway development projects on the price of housing. Transportation development projects, highways in particular, improve a certain area's accessibility but also increase its levels of exposure to traffic intensity and noise pollution. These externalities are evaluated by homeowners and residents and are reflected in the price of housing. In this paper, we use several repeat sales model specifications, including difference-in-differences estimators, and control for neighborhood effects to examine housing price trends in the municipalities around two newly developed highways in the Netherlands. The results of the research demonstrate that changes in accessibility result in a significant positive effect on the price of housing in nearby municipalities, but that increased noise pollution and traffic intensity levels result in a decrease in prices. The findings also confirm that combining the total effects of all externalities, the effect of highway development on the price of housing is generally positive, and this effect is salient even before the project is completed due to public anticipation effects.

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Section: Conclusion and Discussionmentioning

confidence: 99%

The effects of highway development on housing prices

Levkovich

Rouwendal

Marwijk³

2015

Transportation

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“…As in the binary choice case the results are less precise. This theorem and its generalization in Brock and Durlauf (2006) explain various simulation results in Bayer and Timmens (2005).…”

Section: Multinomial Choice Models With Social Interactionsmentioning

confidence: 60%

Identification of Social Interactions

et al. 2010

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While interest in social determinants of individual behavior has led to a rich theoretical literature and many efforts to measure these influences, a mature "social econometrics" has yet to emerge. This chapter provides a critical overview of the identification of social interactions. We consider linear and discrete choice models as well as social networks structures. We also consider experimental and quasi-experimental methods. In addition to describing the state of the identification literature, we indicate areas where additional research is especially needed and suggest some directions that appear to be especially promising.JEL Codes: C21, C23, C31, C35, C72, Z13 Keywords: social interactions, social networks, identification

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“…Water quality, as well as its dominant stressors, varies locally and between ecoregions. Preferences may also differ regionally as people select locations based in part on environmental quality [31]. Including ecoregions as variables enables testing for regional differences in relationships between attitudes, behavior and water quality.…”

Section: Wadeable Streams Assessmentmentioning

confidence: 99%

Humans and the Water Environment: The Need for Coordinated Data Collection

Braden

Jolejole-Foreman

Schneider

2013

Water

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Efforts to observe humans in relation to nature over time and at large scale are few and disjointed in ways that impede progress in building scientific foundations for sustainability. Two water-oriented national-scale case studies highlight the challenges of integrating existing natural system and social system data: one concerns the influence of environmental attitudes and water quality on water conservation efforts; the other explores relationships between environmental attitudes, water quality and recreation behavior. The case studies show that coupled research conducted at large scale can yield new insights, but uncoordinated data limit meaningful inference. We propose salient features of a coordinated observation program for water.

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On the equilibrium properties of locational sorting models

Cited by 126 publications

References 25 publications

The effects of highway development on housing prices

The effects of highway development on housing prices

Identification of Social Interactions

Humans and the Water Environment: The Need for Coordinated Data Collection

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