In many applications, the objective is to build regression models to explain a response variable
over a region of interest under the assumption that the responses are spatially correlated…

Abstract Models for the analysis of multivariate spatial data are receiving increased attention
these days. In many applications it will be preferable to work with multivariate spatial …

Real estate has historically employed statistical tools designed for independent observations
while simultaneously noting the violation of these assumptions in the form of clustering of …

The rate at which physical capital depreciates is fundamental to investment in the economy.
Nevertheless, although housing capital accounts for one-third of the total capital stock, the …

Although bargaining is common in markets for heterogeneous goods, it has largely been
ignored in the hedonic literature. In a break from that tradition, we establish sufficient conditions …

Using 5243 housing price observations during 1984–92 from Baton Rouge, this manuscript
demonstrates the substantial benefits obtained by modeling the spatial as well as the …

Real estate investment trusts (REITs) have been a very active sector in the capital market
over the last few years. This paper examines the pricing of seasoned equity offers by equity …

Much of the literature on capital structure excludes Real Estate Investment Trusts (REITs)
due mainly to the unique regulatory environment of these firms. As such, the issue of how …

… Shilling, and CF Sirmans … SHILLING is associate professor, and CF SIRMANS is
professor offinance, College of Business Administration, Louisiana State University. …

How much is a" good view" worth in a single-family housing market? While the market value
of a view amenity may be difficult to estimate, this article demonstrates the use of multiple …