On the evaluation of residential lots: with a focus on their shape
Environment and Planning B: Planning and Design, 1995, vol. 22, issue 2, 149-174
One method of evaluating residential lots with a focus on their shape is proposed. A number of axioms are proposed to characterize '(super)appropriate' lot-evaluation functions. Among these axioms, the maximality axiom is essential for cases such as land readjustment projects. It asserts that the evaluation of a lot must be the maximum of the total evaluation of partitioned parts for any partition. This axiom confines general functional forms of lot-evaluation functions such that they behave superadditively. By applying the superadditivity property, we can empirically test the validity of actual lot-evaluation functions.
References: Add references at CitEc
Citations View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
http://www.envplan.com/abstract.cgi?id=b220149 abstract (text/html)
http://www.envplan.com/epb/fulltext/b22/b220149.pdf main text (application/pdf)
Fulltext access restricted to subscribers, see http://www.envplan.co.uk/B.html for details
Journal Article: On the Evaluation of Residential Lots: With a Focus on Their Shape (1995)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pio:envirb:v:22:y:1995:i:2:p:149-174
Access Statistics for this article
More articles in Environment and Planning B: Planning and Design from Pion Ltd, London
Bibliographic data for series maintained by Neil Hammond (). This e-mail address is bad, please contact .