Neighborhood services, property attributes, and their associated amenities have positive impacts on land values. This impact is estimated by the hedonic pricing model, which considered an effective method used in previous studies for such evaluations. The study uses Geographical Information Science digitizing point of interest area spatial modeling data collection points multi-linear regression...

Using urban residential micro data from CHNS, this paper employs Hedonic Pricing Model to investigate the impact of Neighborhood Quality on housing value and its mechanism. We find that, Human Capitals measured by average schooling years and occupational diversity have significant positive effect while cultural capitals such as Ethnic Diversity have significant negative effect on housing value....

Despite the destructive impact of Covid-19 Pandemic, tourism is one Turkey’s dynamic and fastest growing sectors. In recent years, sector started to attract visitors for alternative forms such as sports, health nature tourism. Lately, East Black Sea Region (TR9) preferred by outdoor sports enthusiasts. The constant growth in tourist arrivals overnights have increased both supply demand accommod...

Abstract Weather forecasts are a rare example of public information which is, at the same time, relevant for agents' decisions and entirely exogenous both sides (tourism) market. We develop model where signals good weather have positive impact on accommodation prices, effect being stronger higher accuracy forecast ex-ante uncertainty in conditions. Using data from sea sun destination, we estima...

Within the last decades an increasing number of people practice risky sports in their leisure time. Although there exists a vast number of economic literature on risk-taking behavior, an estimation of the individual willingness to pay (WTP) for the option to exercise risk-taking is missing. Monetarized values could support private industries in design pricing schemes that set incentives to redu...

This study aims to investigate the effect of hotel characteristics, particularly their locations, on room pricing strategy for hotels in Bogor Area, Indonesia. The author applies quantile hedonic regression model a dataset Hotels collected through travel agent’s website. A total 194 were and used as data samples. Our findings suggest that locations near tourist attractions are significant facto...