<> "The repository administrator has not yet configured an RDF license."^^ . <> . . . "Local spatio-temporal regression kriging for property price predictions"^^ . "This thesis proposes a hedonic regression model that accounts for spatio-temporal dependence\r\nand heterogeneity in property transaction prices.\r\nThe considered methodology extends upon\r\npurely spatial geostatistical methods and applies local spatio-temporal regression kriging (LSTRK).\r\nWe account for spatio-temporal dependence by specifying dual structure variograms. Since such\r\nvariograms consider distances between properties in space and time simultaneously, they allow\r\nfor the estimation of a single covariance structure that controls for spatio-, temporal- and joint\r\ndependence. We account for heterogeneity of both attribute prices and dependence structures by\r\nperforming the analysis per individual submarket. To empirically examine the prediction accuracy\r\nof our model, out-of-sample forecasts are made on residential housing prices. We consider a housing\r\ntransaction dataset of 57,154 properties in Mecklenburg County, North Carolina. Our data is split\r\ninto 7 spatial zones and 5 temporal zones, providing us with a total of 35 submarkets. For each\r\nsubmarket, in-sample- and out-of-sample subsets are obtained. These allow for model training and\r\nprediction assessment respectively. In terms of mean absolute error, median absolute error, mean\r\nsquared error and root mean squared error, the proposed methodology outperforms traditional\r\nhedonic models consistently. Hence, empirical results suggest that LSTRK indeed provides more\r\naccurate predictions than traditional OLS models."^^ . "2022" . . . . . . . "Philibert Lorenz, MSc"^^ . "Weenink"^^ . "Philibert Lorenz, MSc Weenink"^^ . . . . . . "Local spatio-temporal regression kriging for property price predictions (Text)"^^ . . . "Thesis_Real_Estate_Studies.pdf"^^ . . . "Local spatio-temporal regression kriging for property price predictions (Other)"^^ . . . . . . "small.jpg"^^ . . . "Local spatio-temporal regression kriging for property price predictions (Other)"^^ . . . . . . "medium.jpg"^^ . . . "Local spatio-temporal regression kriging for property price predictions (Other)"^^ . . . . . . "preview.jpg"^^ . . . "Local spatio-temporal regression kriging for property price predictions (Other)"^^ . . . . . . "lightbox.jpg"^^ . . . "Local spatio-temporal regression kriging for property price predictions (Other)"^^ . . . . . . "indexcodes.txt"^^ . . "HTML Summary of #4009 \n\nLocal spatio-temporal regression kriging for property price predictions\n\n" . "text/html" . .