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Bayesian Estimation of a Hedonic Price Function for the Uptown of Tehran

Keyvan Shahab Lavasani; Vida Varahrami

Volume 20, Issue 62 , April 2015, , Pages 31-56

https://doi.org/10.22054/ijer.2015.2488

Abstract
  In this paper, we survey some effective factors affecting house prices in the uptown of Tehran city with using Bayesian econometric method. In this method, we use expert ideas as prior information which causes to effective and better estimations. In this paper, we use sell prices of 546 apartments in ...  Read More