Sasaki, Mitsuru; Yamamoto, Kayoko - In: Journal of risk and financial management : JRFM 11 (2018) 3, pp. 1-18
This study aims to offer a new estimate of the hedonic price function of residential areas in Japanese metropolitan areas, focusing on the reasons for residential preferences. More specifically, it introduces two new explanatory variables—‘regional vulnerability’ and ‘accessibility to...