85 Result(s)
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Finding the \(\mathrm{K}\) Mean-Standard Deviation Shortest Paths Under Travel Time Uncertainty
The mean-standard deviation shortest path problem (MSDSPP) incorporates the travel time variability into the routing optimization. The idea is that the decision-maker wants to minimize the travel time not only...
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Spatial monitoring to reduce COVID-19 vaccine hesitance
Arthur Getis is a pioneer in spatial statistics. His collaboration with Keith Ord has inspired our long-standing collaboration between a geographer and a statistician. Getis often tackled real-world infectious...
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Time on Market and the Cash Discount for Condos
We investigate whether the cash discount for condos is affected by time on market (TOM). Theoretically and empirically, we show that the cash discount has two components: First, condos purchased with cash sell...
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State-owned enterprises and industrial land reform in China
In order to promote the optimal allocation of land, China began market-oriented reform of industrial land in 2007. The actions of state-owned enterprises during this reform can reflect the effect of reform. Th...
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Housing Disparity between Homeowners and Renters: Evidence from China
This paper examines whether there is housing disparity between homeowners and renters. Using data from Chinese Urban Household Survey, we find that homeowners on average have much higher housing quality than r...
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Predictors of driving cessation among older drivers in Taiwan
λ Information on driving cessation has rarely been reported for Taiwan.
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Carbon tax vs. emission trading in a monopolistically competitive market with heterogeneous firms
We establish a general-equilibrium model to compare the efficiency of two emission regulation policies used worldwide: the carbon tax (CT) and the emission trading scheme (ETS). Assuming monopolistic competiti...
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China’s Housing Reform and Labor Market Participation
The 1994–1998 housing reform in China allowed state employees to buy their rented public houses at considerably subsidized prices. By exploiting housing reform as an exogenous change in homeownership and emplo...
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The Role of Housing Mortgage Leverage in Stock Asset Pricing: Evidence from the Chinese A-share Market
This study detects the linkage between housing mortgage leverage and stock asset pricing in China’s A-share stock market. We deduce relevant asset pricing models in which a significant pricing factor—termed th...
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Improved imputation of rule sets in class association rule modeling: application to transportation mode choice
Predicting transportation mode choice is a critical component of forecasting travel demand. Recently, machine learning methods have become increasingly more popular in predicting transportation mode choice. Cl...
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Amenities, Housing Affordability, and Education Elites
Education Elites (i.e., higher-educated people) with new ideas and technologies are widely acknowledged to be a source of innovation and the engine of regional economic growth. A city that can attract higher-e...
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Article
CEO Influence on Funds from Operations (FFO) Adjustment for Real Estate Investment Trusts (REITs)
This paper investigates the non-GAAP performance measures of the REIT industry, specifically the difference (FFO adjustment) between concurrent FFO and Net Income (NI). Using the U.S. Equity REIT data from 199...
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Open AccessDomestic tourism demand in the North and the South of Europe in the Covid-19 summer of 2020
This study investigates empirically changes in domestic summer tourism demand following the Covid-19 pandemic in 305 regions across six European countries (Denmark, Finland, France, Italy, Spain and Sweden) ba...
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Article
Transportation infrastructure improvement and real estate value: impact of level crossing removal project on housing prices
This paper studies the impact of removing the level crossing, which constitutes traffic hazard to the society, on house prices by conducting a quasi-natural experiment using the Level Crossing Removal Project ...
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Article
Competing Selling Strategies in the Housing Market
Due to the heterogeneous nature of real estate assets, housing market is characterized by a sequential search and seller’s optimal strategies. This paper provides a side-by-side performance comparison of the t...
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Autonomous and conventional bus fleet optimization for fixed-route operations considering demand uncertainty
The emerging technology of autonomous vehicles has been widely recognized as a promising urban mobility solution in the future. This paper considers the integration of autonomous vehicles into bus transit syst...
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Interdependence among mental health care providers: evidence from a spatial dynamic panel data model with interactive fixed effects
Understanding the pricing and operation mechanism of community mental health (CMH) providers is important for designing effective health care policies as the CMH system has been playing an essential role in pr...
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How does commute duration affect subjective well-being? A case study of Chinese cities
Previous research on the role of commute duration in subjective well-being (SWB) has paid little attention to develo** countries and the possible pathways determining the relationship between them. In this s...
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China’s regional public safety efficiency: a data envelopment analysis approach
This study develops a comprehensive public safety efficiency index that includes the inputs and outputs of regional public safety. The DEA-BC2 model was used to measure the technical efficiency (TE), pure technic...
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Optimal Inventory Level Control and Replenishment Plan for Retailers
In vendor managed inventory (VMI) operations, it is necessary for both the suppliers and the customers to reach an agreement on the maximal and minimal inventory level. In practice, in VMI, inventory levels ar...
