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The Toll of Commuting: The Effects of Commute Time on Well-Being
by M. Thomas Marshall Jr. Abstract When deciding on housing location, people theoretically optimize for the best location given their commute time, housing cost, income, as well as other factors. Stutzer and Frey (2008) suggest that this is not true in some nations, such as in their investigation of Germany, with their results showing that […]
Understanding the Value of Amenities: A Study of the Land Value Determination Process in Hangzhou, China
By Ching-Ching Chen This paper seeks to investigate the determinants of land within Hangzhou China. There are two main goals that the research paper will attempt to address. The first is to build upon existing research on land pricing in terms of the theories outlined by the monocentric city and hedonic pricing models. Second, the […]
