Income multipliers are commonly used in the valuation of income streams. All income dollars, however, are not alike, and investors make distinctions based on the nature and source of the income. The income multiplier is adjusted for the characteristics of the investment. The present study deals...

The effect of land leases as opposed to freehold tenure on selling price is investigated for income property in proximity to the city centre. Hedonic estimation with multiplicative and additive models in a cross-section analysis is used to estimate the relationship between property...

In the October 1969 issue of Management Science, Professor Warren Hausman presented a framework for analysis of sequential decision problems of a recurring nature ("Sequential Decision Problems: A Model to Exploit Existing Forecasters," pp. B93-B111). His system consists of a dynamic programming...