and congestion. These features allow the model to simulate cities of different sizes with a single parameterization and …

This paper employs the hedonic price method (HPM) to examine whether the implicit value of the greenbelt is capitalized … rarely included in this type of analyses. Findings indicate that distance from the greenbelt is important in explaining … apartment prices in Vienna: while the CBD exerts a centripetal force, the greenbelt, on the contrary, exerts a centrifugal force …