Analysis of Prices in the Housing Market Using Mixed Models
Hedonic models, commonly applied for analyzing prices in the property market, do not always fulfil their role, mainly due to the application of simplified assumptions concerning the distribution of variables, the nature of relations or spatial heterogeneity. Classical regression models assumed that...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Sciendo
2018-12-01
|
Series: | Real Estate Management and Valuation |
Subjects: | |
Online Access: | https://doi.org/10.2478/remav-2018-0040 |