Colwell, Peter F; Munneke, Henry J - In: The Journal of Real Estate Finance and Economics 18 (1999) 2, pp. 163-80
There is substantial empirical evidence of price concavity in the parcel-size dimension across land-use types and across urban regions. This article examines the degree to which concavity varies between the Central Business District (CBD) and the rest of the urban area. The article provides...