Leaving some stone unturned: a reassessment of iterative planning theory

Article Abstract:

Decentralized planning procedures based on ideas taken from market socialism literature and decentralized algorithms for the optimal provision of public goods have been the focus of recent research. An adjustment process that does not take place in real time, the failure to consider the relative likelihoods of results arising from decentralized planning and the assumption that planners always observes the full results of their actions are the drawbacks of these research. A Bayesian learning model can be used to address these problems.

Research, Usage, Bayesian statistical decision theory, Bayesian analysis, Socialism, Planning

---

Hedonic-based price indexes for housing: theory, estimation, and index construction

Article Abstract:

The basic principles of hedonic-based indexes of housing prices are examined to underscore the empirical importance of the theoretical assumptions underlying the hedonic-based approach. It is shown that the nonparametric technique called 'loess' facilitates the centering of hedonic price function estimation to fixed points. 'Loess' estimates are applied to construct the theoretically desirable Fisher Ideal price indexes.

Prices and rates, Price indexes

---

Rent assistance and housing demand

Article Abstract:

The impact of a rent subsidy program called 'Rent Assistance on The Netherlands' on rental housing demand was analyzed through the use of a structural model. Utilization of the model proved fruitful since it offered important insights into the activities of social programs. Restrictions associated with the structural model were also utilized to help answer questions regarding the Rent Assistance program.

Residential Building Construction, Housing ex Mobile Homes, Housing Programs, Administration of Housing Programs, Residential construction, Netherlands, Housing policy, Rental housing, Inclusionary housing programs

Similar abstracts:

• Abstracts: Voting when money and morals conflict: an experimental test of expressive voting. Tax liability side equivalence in gift-exchange labor markets
• Abstracts: Oligopoly structure and the incidence of cigarette excise taxes. Tax incidence in differentiated product oligopoly
• Abstracts: Infrequent assessments distort property taxes: theory and evidence. "Will I see you in September?" An economic explanation for the standard school calendar
• Abstracts: Comparing tax expenditures and direct subsidies: the role of legislative committee structure. The impact of differential payroll tax subsidies on minimum wage employment
• Abstracts: Incomplete information and optimal market structure: public purchases from private providers. The Optimal Rate of Decline of an Inefficient Industry

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.