Development of Mathematical Modeling using Hedonic Price Method to Establish Relation between Housing Price and Air Pollution

2018 ◽  
Vol 56 (3) ◽  
pp. 187-191
Author(s):  
Dr Rakesh yadav ◽  
◽  
Magan Grover
Keyword(s):  
Mathematical Modeling ◽  
Air Pollution ◽  
Housing Price ◽  
Hedonic Price ◽  
Hedonic Price Method

scholarly journals Impact Of Air Pollution On Property Values: A Hedonic Price Study

2013 ◽  
Vol 14 (1) ◽  
pp. 52
Author(s):  
Endah Saptutyningsih
Keyword(s):  
Air Pollution ◽  
Carbon Monoxide ◽  
Housing Price ◽  
Geographical Information ◽  
Pollution Level ◽  
Hedonic Price ◽  
Air Contamination ◽  
Pollution Levels ◽  
Property Prices ◽  
Implicit Prices

The main purpose of this study is the calculation of implicit prices of the environmental level of air quality in Yogyakarta on the basis of housing property prices. By means of Geographical Information System, the housing property prices characterized from the area which have highest air pollution level in province of Yogyakarta. Carbon monoxide is used as the pollution variable. The methodological framework for estimation is based on a hedonic price model. This approach establishes a relationship between the price of a marketable good (e.g. housing) and the amenities and characteristics this good contains. Therefore, if variations in air pollution levels occur, then households would change their behavior in an economic way by offering more money for housing located in highly improved environmental areas. The hedonic regression results that the housing price decrease while increasing the level of air contamination such substance as carbon monoxide.

scholarly journals The use of mathematical modeling methods for solving geo-ecological problems of sustainable development of regions

2020 ◽  
Vol 161 ◽  
pp. 01005
Author(s):  
M V Volik
Keyword(s):  
Mathematical Modeling ◽  
Air Pollution ◽  
Sustainable Development ◽  
Numerical Study ◽  
Digital Technologies ◽  
Motor Vehicles ◽  
Gaseous Pollutants ◽  
Mathematical Apparatus ◽  
Modeling Methods ◽  
Ecological Problems

Currently, a number of environmental problems have a significant impact on the stable economic development of the country. A global problem is the study of air pollution. The solution of such geoecological problems should be carried out with the use of modern mathematical apparatus and digital technologies. The paper presents the results of a numerical study of the distribution of gaseous pollutants emitted by motor vehicles in the pedestrian zone of streets. It is shown that the vortex structures formed in the studied city buildings development have a significant impact on the accumulation of anthropogenic impurities.

Valuation of observable attributes in differentiated beef products in Chile using the hedonic price method

Meat Science ◽  
2019 ◽  
Vol 158 ◽  
pp. 107881
Author(s):  
Jaime Fernández ◽  
Oscar Melo ◽  
Rafael Larraín ◽  
Macarena Fernández
Keyword(s):  
Hedonic Price ◽  
Hedonic Price Method ◽  
Beef Products

scholarly journals Hedonic analysis of cell phones sold with post-paid service plans in Brazil

2012 ◽  
Vol 52 (4) ◽  
pp. 435-447
Author(s):  
Rodrigo de Santi ◽  
Cláudio R. Lucinda
Keyword(s):  
Cell Phones ◽  
Hedonic Price ◽  
Hedonic Analysis ◽  
Camera Phone ◽  
Hedonic Price Method ◽  
Physical Volume ◽  
Determining Factors ◽  
Data Connection

The aim of this paper is to analyze the determining factors for the pricing of handsets sold with service plans, using the hedonic price method. This was undertaken by building a database comprising 48 handset models, under nine different service plans, over a period of 53 weeks in 2008, and resulted in 27 different attributes and a total number of nearly 300,000 data registers. The results suggest that the value of monthly subscriptions and calling minutes are important to explain the prices of handsets. Furthermore, both the physical volume and number of megapixels of a camera had an effect on the prices. The bigger the handset, the cheaper it becomes, and the more megapixels a camera phone has, the more expensive it becomes. Additionally, it was found that in 2008 Brazilian phone companies were subsidizing enabled data connection handsets.

Mathematical modeling of photochemical air pollution—III. Evaluation of the model

1974 ◽  
Vol 8 (6) ◽  
pp. 563-596 ◽  
Author(s):  
Steven D. Reynolds ◽  
Mei-Kao Liu ◽  
Thomas A. Hecht ◽  
Philip M. Roth ◽  
John H. Seinfeld
Keyword(s):  
Mathematical Modeling ◽  
Air Pollution

scholarly journals Measuring the Effect of Location on House Prices in Italy

2020 ◽  
pp. 54-62
Author(s):  
Gaetano Lisi ◽  
Mauro Iacobini
Keyword(s):  
Real Estate ◽  
House Prices ◽  
House Price ◽  
Real Estate Market ◽  
Hedonic Model ◽  
Hedonic Price ◽  
Dummy Variables ◽  
Hedonic Price Method ◽  
Housing Submarkets ◽  
Real Estate Assets

The Italian housing market is characterised by both a strong heterogeneity of real estate assets and a reduced number of property sales. These features, indeed, hamper the use of the hedonic price method, namely, the method that is mostly used for assessing the house prices and for estimating the monetary value of housing characteristics. In this paper, therefore, a hedonic model with dummy variables that identify housing submarkets is used to achieve two important results: enabling greater use of multiple regression analysis in the study of the Italian real estate market, and catching, in the simplest possible manner, the effect of location on house price. Indeed, the house's location is, together with the area in square metres, the housing characteristic that most influences the house price.

Design of Real Estate Price Index System Based on Hedonic Price Method

2014 ◽  
Vol 488-489 ◽  
pp. 1463-1466
Author(s):  
Yun Du ◽  
Hui Qin Sun ◽  
Su Ying Zhang ◽  
Qiang Tian
Keyword(s):  
Real Estate ◽  
Price Index ◽  
Real Estate Market ◽  
Hedonic Price ◽  
Hedonic Price Method ◽  
The Real ◽  
The Real Estate ◽  
Real Estate Price ◽  
Price Series ◽  
Research Level

Urban real estate price index (hereinafter referred to as UREPI) is a basic data of the real estate market, its accuracy is very important for enterprises, consumers and housing management department. In view of current research level here in China and popular models, the UREPI system is compiled based on the Hedonic price method because of its advantages such as calculation simple and sample easily etc. Compiled by Eviews the system has three main stages: the data standardization, the benchmark model establishment and the application of two periods chained update method to update price series. UREPI system is combined with the real deal, so it can be used to analysis the market accurately. The results completely meet the design requirements.

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