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Over the last several years, the United States has experienced a significant recession. During this downturn, the number of real estate foreclosures has risen drastically. Recent studies have demonstrated a reduction in property values due to neighboring foreclosures—known as the foreclosure...
Persistent link: https://www.econbiz.de/10010989344
Pakistan is located at the cross-roads of plate boundaries, experiencing multiple hazards of earthquake, flood, drought, water-logging, salinization and recurrent landslides. This paper examines the causes and environmental impacts of frequently occurring landslide hazards in the Murree area of...
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This article deals with the analysis of landslide causes and associated damages in the Kashmir Himalayas of Pakistan. The present study is based on Muzaffarabad, which lies in the lesser Himalayas. Geologically, the Kashmir Himalaya is the young and most dynamic system in the world. In...
Persistent link: https://www.econbiz.de/10010758810
Latent class models offer an alternative perspective to the popular mixed logit form, replacing the continuous distribution with a discrete distribution in which preference heterogeneity is captured by membership of distinct classes of utility description. Within each class, preference...
Persistent link: https://www.econbiz.de/10010867510
Estimates of exposure to aircraft noise are generally based on an average day of operations and residential population figures. While providing a convenient way to condense information, this does not reflect noise experiences across the day. This paper details an approach to inject more reality...
Persistent link: https://www.econbiz.de/10010682212
Stated choice experiments have proven to be a powerful tool in eliciting preferences across a broad range of choice settings. This paper outlines the elements of a group-based experiment designed for interdependent urban freight stakeholders, along with the procedure to administer the...
Persistent link: https://www.econbiz.de/10005722830
The influential work of Genesove and Mayer (2001) uses loss aversion theory to explain several puzzling behaviors in the housing market. In this study, we present an alternative theory, which does not require an asymmetric value function, to observe the same "loss aversion" behavior....
Persistent link: https://www.econbiz.de/10010939200
A serious and imminent threat to a recovery of the global recession comes in the form of a burgeoning financial contagion known as strategic mortgage default. We theorize that the advocacy of strategic default can be likened to a disease, and as such, we employ a methodology from the field of...
Persistent link: https://www.econbiz.de/10010939215