Abstract
This chapter presents the main empirical analysis and the nucleus of this thesis. Following a brief description of the data provider and database structure, an univariate analysis is presented, shedding light on the characteristics and problems of the employed variables. Thereafter, the most important steps undertaken in the data-mining process are explained. In particular, the problems of missing values and the strategies for solving this issue are explained in detail. Because the choice of the hedonic function is an empirical rather than a theoretical question, the second part of this chapter involves the analysis and interpretation of different hedonic functions.
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© 2016 Springer Fachmedien Wiesbaden
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Kempf, S. (2016). Hedonic Analysis of German Office Rents. In: Development of Hedonic Office Rent Indices. Essays in Real Estate Research. Springer Gabler, Wiesbaden. https://doi.org/10.1007/978-3-658-11170-0_5
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DOI: https://doi.org/10.1007/978-3-658-11170-0_5
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Publisher Name: Springer Gabler, Wiesbaden
Print ISBN: 978-3-658-11169-4
Online ISBN: 978-3-658-11170-0
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