文章基本信息

标题：Bayesian Model Averaging in the Context of Spatial Hedonic Pricing: An Application to Farmland Values
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作者：Cotteleer, Geerte ; Stobbe, Tracy ; van Kooten, G. Cornelis 等
期刊名称：Journal of Food Distribution Research
印刷版ISSN：0047-245X
出版年度：2007
卷号：38
期号：12
出版社：Food Distribution Research Society
摘要：Since 1973, British Columbia created an Agricultural Land Reserve to protect farmland from development. In this study, we employ GIS-based hedonic pricing models of farmland values to examine factors that affect farmland prices. We take spatial lag and error dependence into explicit account. However, the use of spatial econometric techniques in hedonic pricing models is problematic because there is uncertainty with respect to the choice of the explanatory variables and the spatial weighting matrix. Bayesian model averaging techniques in combination with Markov Chain Monte Carlo Model Composition are used to allow for both types of model uncertainty.
关键词：Bayesian model averaging;Markov Chain Monte Carlo Model Composition;spatial econometrics;hedonic pricing;GIS;urban-rural fringe;farmland fragmentation