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dc.contributor.authorYoo, Eun-Hye-
dc.contributor.authorKyriakidis, Phaedon-
dc.date.accessioned2016-07-13T11:42:21Z-
dc.date.available2016-07-13T11:42:21Z-
dc.date.issued2009-12-
dc.identifier.citationJournal of Geographical Systems, 2009, vol. 11, no. 4, pp. 381–406en_US
dc.identifier.issn14355949-
dc.identifier.urihttps://hdl.handle.net/20.500.14279/8669-
dc.description.abstractThis paper proposes a geostatistical hedonic price model in which the effects of location on house values are explicitly modeled. The proposed geostatistical approach, namely area-to-point Kriging with External Drift (A2PKED), can take into account spatial dependence and spatial heteroskedasticity, if they exist. Furthermore, this approach has significant implications in situations where exhaustive area-averaged housing price data are available in addition to a subset of individual housing price data. In the case study, we demonstrate that A2PKED substantially improves the quality of predictions using apartment sale transaction records that occurred in Seoul, South Korea, during 2003. The improvement is illustrated via a comparative analysis, where predicted values obtained from different models, including two traditional regression-based hedonic models and a point-support geostatistical model, are compared to those obtained from the A2PKED model.en_US
dc.formatpdfen_US
dc.language.isoenen_US
dc.relation.ispartofJournal of Geographical Systemsen_US
dc.rights© Springer Natureen_US
dc.subjectSpatial hedonic modelen_US
dc.subjectKrigingen_US
dc.subjectExternal driften_US
dc.subjectGeostatisticsen_US
dc.titleArea-to-point Kriging in spatial hedonic pricing modelsen_US
dc.typeArticleen_US
dc.collaborationUniversity at Buffaloen_US
dc.collaborationUniversity of Californiaen_US
dc.subject.categoryEnvironmental Engineeringen_US
dc.journalsSubscriptionen_US
dc.countryUnited Statesen_US
dc.subject.fieldEngineering and Technologyen_US
dc.publicationPeer Revieweden_US
dc.identifier.doi10.1007/s10109-009-0090-zen_US
dc.dept.handle123456789/54en
dc.relation.issue4en_US
dc.relation.volume11en_US
cut.common.academicyear2009-2010en_US
dc.identifier.spage381en_US
dc.identifier.epage406en_US
item.fulltextNo Fulltext-
item.languageiso639-1en-
item.grantfulltextnone-
item.openairecristypehttp://purl.org/coar/resource_type/c_6501-
item.cerifentitytypePublications-
item.openairetypearticle-
crisitem.journal.journalissn1435-5949-
crisitem.journal.publisherSpringer Nature-
crisitem.author.deptDepartment of Civil Engineering and Geomatics-
crisitem.author.facultyFaculty of Engineering and Technology-
crisitem.author.orcid0000-0003-4222-8567-
crisitem.author.parentorgFaculty of Engineering and Technology-
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