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Full-Text Articles in Business

Evaluating Spatial Model Accuracy In Mass Real Estate Appraisal: A Comparison Of Geographically Weighted Regression And The Spatial Lag Model, Paul E. Bidanset, John R. Lombard Jan 2014

Evaluating Spatial Model Accuracy In Mass Real Estate Appraisal: A Comparison Of Geographically Weighted Regression And The Spatial Lag Model, Paul E. Bidanset, John R. Lombard

School of Public Service Faculty Publications

Geographically weighted regression (GWR) has been shown to greatly increase the performance of ordinary least squares-based appraisal models, specifically regarding industry standard measurements of equity, namely the price-related differential and the coefficient of dispersion (COD; Borst and McCluskey, 2008; Lockwood and Rossini, 2011; McCluskey et al., 2013; Moore, 2009; Moore and Myers, 2010). Additional spatial regression models, such as spatial lag models (SLMs), have shown to improve multiple regression real estate models that suffer from spatial heterogeneity (Wilhelmsson, 2002). This research is performed using arms-length residential sales from 2010 to 2012 in Norfolk, Virginia, and compares the performance of GWR …


How Can Professional Membership Associations Provide Meaningful Value For Their Members?: Creating Models Of Affiliation And Engagement, Lisa A. Dicke, Marina Saitgalina Jan 2014

How Can Professional Membership Associations Provide Meaningful Value For Their Members?: Creating Models Of Affiliation And Engagement, Lisa A. Dicke, Marina Saitgalina

School of Public Service Faculty Publications

What do individual association members think about their association membership? What do they value and what do they want to see associations provide in the future? This case study uses face-to-face interviews and focus groups with 12 international Ph.D. students enrolled in a Public Administration and Management program at a major university in Texas to provide answers to these questions. The research offers an understanding of how people from diverse cultures view professional associations. The Ph.D. students were also asked about the importance of their association as a means for building ties and making connections with others, and about volunteering. …


The Effect Of Kernel And Bandwidth Specification In Geographically Weighted Regression Models On The Accuracy And Uniformity Of Mass Real Estate Appraisal, Paul E. Bidanset, John R. Lombard Jan 2014

The Effect Of Kernel And Bandwidth Specification In Geographically Weighted Regression Models On The Accuracy And Uniformity Of Mass Real Estate Appraisal, Paul E. Bidanset, John R. Lombard

School of Public Service Faculty Publications

The article presents a study which examines the performance of kernel and bandwidth specification in geographically weighted regression (GWR) models in mass real estate appraisal. The kernels employed in the study are the bi-square kernel and the Gaussian kernel. Data from the sales of single-family homes in Norfolk, Virginia from 2010 to 2012 are highlighted.