Spatial Modeling of House Prices Using Normalized Distance-Weighted Sums of Stationary Processes
基于平稳过程归一化距离加权和的房价空间建模
Hedonic models are used almost universally for modeling house prices. Recognizing the importance of location, the past decade has seen increasing effort to introduce spatial considerations into such modeling. When spatial process models are used to capture association between locations, isotropic specifications have been used almost exclusively despite the fact that they seem unlikely to be appropriate in practice. The contribution of this article is to offer a novel,…