Hedonic prices in the housing market of Cartagena de Indias (Colombia)

This research explains the rental housing prices in Cartagena de Indias as function of its characteristics with the Hedonic Price methodology. Therefore methodology such as Box-Cox Transformation was implemented as well as Maximum Likelihood Estimator in order to obtain reliable and rigorous results...

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Detalles Bibliográficos
Autores principales: Mendez-Florez, Jessica Patricia, Orozco-Gallo, Antonio José
Formato: Revistas
Lenguaje:Español
Publicado: Universidad de Cartagena 2006
Acceso en línea:https://revistas.unicartagena.edu.co/index.php/panoramaeconomico/article/view/411
Descripción
Sumario:This research explains the rental housing prices in Cartagena de Indias as function of its characteristics with the Hedonic Price methodology. Therefore methodology such as Box-Cox Transformation was implemented as well as Maximum Likelihood Estimator in order to obtain reliable and rigorous results.Key Words: Hedonic Prices, Box-Cox Transformation, Rental Housing Price, Maximum Likelihood Estimator.