On the Evaluation of Residential Lots: With a Focus on Their Shape

Yasushi Asami

Environment and Planning B, 1995, vol. 22, issue 2, 149-174

Abstract: 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.

Date: 1995
References: Add references at CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1068/b220149 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:envirb:v:22:y:1995:i:2:p:149-174

DOI: 10.1068/b220149

Access Statistics for this article

More articles in Environment and Planning B
Bibliographic data for series maintained by SAGE Publications ().