Axel Heyman

Mr. Axel Heyman

orcid

Research Focus & Metrics

Academic Career Length

9Years (2018-Present)

(Calculated once Scilit publication data is synced: current year − year of first publication + 1)

Representative Publications

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1 December 2019 in Cities
Verified
Journal Article
Open access
AHAxel Heyman
Axel Heyman
DSDag Einar Sommervoll
Dag Einar Sommervoll

26 December 2018 in Urban Science
Verified
Journal Article
Open access
PDF file
AHAxel Heyman
Axel Heyman
Stephen LawStephen Law
Stephen Law
MPMeta Berghauser Pont
Meta Berghauser Pont
Accessibility is frequently used for measuring location in housing studies, but specifications of the measures differ greatly and its implications are hardly discussed. This paper sets out to systematically review accessibility measures that are used in hedonic price models (HPM), a method for estimating the implicit value of housing characteristics, such as location. From a systematic database search of peer-reviewed journal articles, we examined 54 articles that applies accessibility measures in hedonic price models that are based on three aspects of measure specification: type, impedance, and opportunities. We find that there are clear couplings between different impedances, types, and opportunities. We also noticed a tendency towards less advanced measurements, such as Euclidean distance and zonal measures, being used. Furthermore, we argue that these basic measures have a weaker connection to consumer perception, which is fundamental to the hedonic price approach. We also observed a lack of consideration to how this coupling between type, impedance, and opportunity could possibly affect the results. Theoretically, we can already conclude that some dominating impedances poorly relate to the fundamental theories of HPM, but this also points to the need for further research to empirically test the influence of the type-impedance-opportunity specification on the price estimates in HPM.