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Author : Lu Han
Publisher :
ISBN 13 :
Total Pages : 124 pages
Book Rating : 4.:/5 (32 download)
Download or read book Effect of Uncertainty on Home Purchase Decisions Over the Life Cycle written by Lu Han and published by . This book was released on 2007 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Lu Han
Publisher :
ISBN 13 :
Total Pages : 278 pages
Book Rating : 4.F/5 ( download)
Download or read book Effects of Uncertainty on Home Purchase Decisions Over the Life Cycle written by Lu Han and published by . This book was released on 2005 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Lu Han
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (129 download)
Download or read book The Effects of Price Uncertainty on Home Purchase Decisions Over the Life-Cycle written by Lu Han and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a life-cycle model of housing demand for repeated home purchase market with uncertain house prices and lumpy transaction costs. By extending the (S,s) methodology to a non-stationary discrete time framework with multivariate stochastic price processes, I derive optimal home purchase decision rules and the housing risk premium. This allows me to characterize a self-hedging mechanism in an incomplete market: households use earlier accumulated housing wealth to hedge against the future housing cost risk. As a result, the direction of the effects of price uncertainty on housing demand depends critically on households' future housing consumption plans. When price uncertainty increases, households consume (and thereby invest in) less housing if they plan to realize the housing wealth gain. However, they will instead take bigger housing positions if they plan to move to a bigger home in a correlated housing market in the future.
Author : Peter F. Pelz
Publisher : Springer Nature
ISBN 13 : 3030783545
Total Pages : 483 pages
Book Rating : 4.0/5 (37 download)
Download or read book Mastering Uncertainty in Mechanical Engineering written by Peter F. Pelz and published by Springer Nature. This book was released on 2021-10-11 with total page 483 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book reports on innovative methods, technologies and strategies for mastering uncertainty in technical systems. Despite the fact that current research on uncertainty is mainly focusing on uncertainty quantification and analysis, this book gives emphasis to innovative ways to master uncertainty in engineering design, production and product usage alike. It gathers authoritative contributions by more than 30 scientists reporting on years of research in the areas of engineering, applied mathematics and law, thus offering a timely, comprehensive and multidisciplinary account of theories and methods for quantifying data, model and structural uncertainty, and of fundamental strategies for mastering uncertainty. It covers key concepts such as robustness, flexibility and resilience in detail. All the described methods, technologies and strategies have been validated with the help of three technical systems, i.e. the Modular Active Spring-Damper System, the Active Air Spring and the 3D Servo Press, which have been in turn developed and tested during more than ten years of cooperative research. Overall, this book offers a timely, practice-oriented reference guide to graduate students, researchers and professionals dealing with uncertainty in the broad field of mechanical engineering.
Author : Zheng Duan
Publisher :
ISBN 13 :
Total Pages : 111 pages
Book Rating : 4.6/5 (985 download)
Download or read book Household Housing Decisions Under Uncertainty written by Zheng Duan and published by . This book was released on 2020 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: Real estate is the largest component in most American households' portfolios. Prior studies have shown both negative and positive relations between uncertainty and households' housing decisions. This dissertation makes an effort to reconcile the differences in the literature through theoretical and empirical work that links uncertainty and households' housing decisions from a real options perspective. In the first chapter, I provide novel empirical evidence to show the importance of uncertainty in explaining households' several housing decisions - housing consumption, housing investment and mortgage default. After controlling for unobserved heterogeneity, I find that the effect of uncertainty has opposite signs on housing purchase decisions depending on the type of purchase (primary residence or investment property). I also find that uncertainty contributes to households' default decisions beyond other factors that have previously been identified in the literature. In addition to identifying the sign of the effect of uncertainty, I show that the uncertainty effect varies depending on the household's risk aversion, which is consistent with the predictions from a theoretical real options perspective. The second chapter introduces a real options type of model to explain from a theoretical perspective why the effect of uncertainty on households' home purchase decisions can depend on the type of a home purchase. Based on a real options approach introduced in Miao and Wang (2007) the model captures the dual nature of housing as a consumption good and an investment vehicle. It explains the uncertainty effect on the optimal timing of home purchase decisions either as a consumption good or as an investment. Unlike previous studies that rely on risk-neutral assumptions in the valuations of real options in explaining uncertainty effect on households' decisions, the model recognizes idiosyncratic risks and households' precautionary saving motives which allow the effect of uncertainty to vary across different degrees of risk-aversion. The third chapter introduces a real options type of model to explain the effect of uncertainty on households' default decisions. Unlike previous studies that focus on the link between uncertainty and investment decisions,the model shows the usefulness of a real options approach in explaining households' default decisions. The model predicts a positive relation between uncertainty and households' default decisions, which is consistent with the empirical results from the first chapter.
Author :
Publisher : DIANE Publishing
ISBN 13 : 1428901884
Total Pages : 92 pages
Book Rating : 4.4/5 (289 download)
Download or read book An international workshop on life cycle impact assessment sophistication written by and published by DIANE Publishing. This book was released on with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : David A. Wise
Publisher : University of Chicago Press
ISBN 13 : 022642667X
Total Pages : 399 pages
Book Rating : 4.2/5 (264 download)
Download or read book Insights in the Economics of Aging written by David A. Wise and published by University of Chicago Press. This book was released on 2017-03-20 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fraction of the population over age sixty-five in many developed countries is projected to rise, in some cases sharply, in coming decades. This has drawn growing interest to research on the health and economic circumstances of individuals as they age. Many individuals are retiring from paid work, yet they are living longer than ever. Their well-being is shaped by their past decisions such as their saving behavior, as well as by current and future economic conditions, health status, medical innovations, and a rapidly evolving landscape of policy incentives and supports. The contributions to Insights in the Economics of Aging uncover how financial, physical, and emotional well-being are integrally related. The authors consider the interactions between financial circumstances in later life, such as household savings and home ownership, physical circumstances such as health and disability, and emotional well-being, including happiness and mental health.
Author : George Deodatis
Publisher : CRC Press
ISBN 13 : 1315884887
Total Pages : 1112 pages
Book Rating : 4.3/5 (158 download)
Download or read book Safety, Reliability, Risk and Life-Cycle Performance of Structures and Infrastructures written by George Deodatis and published by CRC Press. This book was released on 2014-02-10 with total page 1112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Safety, Reliability, Risk and Life-Cycle Performance of Structures and Infrastructures contains the plenary lectures and papers presented at the 11th International Conference on STRUCTURAL SAFETY AND RELIABILITY (ICOSSAR2013, New York, NY, USA, 16-20 June 2013), and covers major aspects of safety, reliability, risk and life-cycle performance of str
Author : Michael Z. Hauschild
Publisher : Springer
ISBN 13 : 3319564757
Total Pages : 1215 pages
Book Rating : 4.3/5 (195 download)
Download or read book Life Cycle Assessment written by Michael Z. Hauschild and published by Springer. This book was released on 2017-09-01 with total page 1215 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a uniquely pedagogical while still comprehensive state-of-the-art description of LCA-methodology and its broad range of applications. The five parts of the book conveniently provide: I) the history and context of Life Cycle Assessment (LCA) with its central role as quantitative and scientifically-based tool supporting society’s transitioning towards a sustainable economy; II) all there is to know about LCA methodology illustrated by a red-thread example which evolves as the reader advances; III) a wealth of information on a broad range of LCA applications with dedicated chapters on policy development, prospective LCA, life cycle management, waste, energy, construction and building, nanotechnology, agrifood, transport, and LCA-related concepts such as footprinting, ecolabelling,design for environment, and cradle to cradle. IV) A cookbook giving the reader recipes for all the concrete actions needed to perform an LCA. V) An appendix with an LCA report template, a full example LCA report serving as inspiration for students who write their first LCA report, and a more detailed overview of existing LCIA methods and their similarities and differences.
Author : Surjya Narayana Pati
Publisher : CRC Press
ISBN 13 : 100062501X
Total Pages : 126 pages
Book Rating : 4.0/5 (6 download)
Download or read book Life Cycle Assessment written by Surjya Narayana Pati and published by CRC Press. This book was released on 2022-08-23 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an itemized analysis of Life Cycle Assessment (LCA), for use in any processes, products, services, industries, organizations and so forth. Various challenges faced during applications of LCA, and its extension are discussed including their benefits. Further, the book provides practical examples of LCA in different core sectors, such as cement and construction. Each chapter functions as a stand-alone unit within the book and defines its individual role within the overall concept of LCA. Features: Covers Life Cycle Assessment (LCA) and future challenges including its practical applications as climate change tool. Connects life cycle management and LCA/environmental management. Explains benefits of LCA studies for both internal and external purpose in terms of various impact parameters. Identifies different raw materials or alternate energy mediums for changing inputs to reduce environmental impacts. Discusses extension of LCA concept like LCC, LCSA, SCLA, and OLCA. This book is aimed at professionals in all engineering areas and environmental studies.
Author : Reinout Heijungs
Publisher : Springer Nature
ISBN 13 : 3031493176
Total Pages : 1159 pages
Book Rating : 4.0/5 (314 download)
Download or read book Probability, Statistics and Life Cycle Assessment written by Reinout Heijungs and published by Springer Nature. This book was released on with total page 1159 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Michael P. Johnson
Publisher : John Wiley & Sons
ISBN 13 : 1118974999
Total Pages : 416 pages
Book Rating : 4.1/5 (189 download)
Download or read book Decision Science for Housing and Community Development written by Michael P. Johnson and published by John Wiley & Sons. This book was released on 2015-10-12 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: A multidisciplinary approach to problem-solving in community-based organizations using decision models and operations research applications A comprehensive treatment of public-sector operations research and management science, Decision Science for Housing and Community Development: Localized and Evidence-Based Responses to Distressed Housing and Blighted Communities addresses critical problems in urban housing and community development through a diverse set of decision models and applications. The book represents a bridge between theory and practice and is a source of collaboration between decision and data scientists and planners, advocates, and community practitioners. The book is motivated by the needs of community-based organizations to respond to neighborhood economic and social distress, represented by foreclosed, abandoned, and blighted housing, through community organizing, service provision, and local development. The book emphasizes analytic approaches that increase the ability of local practitioners to act quickly, thoughtfully, and effectively. By doing so, practitioners can design and implement responses that reflect stakeholder values associated with healthy and sustainable communities; that benefit from increased organizational capacity for evidence-based responses; and that result in solutions that represent improvements over the status quo according to multiple social outcome measures. Featuring quantitative and qualitative analytic methods as well as prescriptive and exploratory decision modeling, the book also includes: Discussions of the principles of decision theory and descriptive analysis to describe ways to identify and quantify values and objectives for community development Mathematical programming applications for real-world problem solving in foreclosed housing acquisition and redevelopment Applications of case studies and community-engaged research principles to analytics and decision modeling Decision Science for Housing and Community Development: Localized and Evidence-Based Responses to Distressed Housing and Blighted Communities is an ideal textbook for upper-undergraduate and graduate-level courses in decision models and applications; humanitarian logistics; nonprofit operations management; urban operations research; public economics; performance management; urban studies; public policy; urban and regional planning; and systems design and optimization. The book is also an excellent reference for academics, researchers, and practitioners in operations research, management science, operations management, systems engineering, policy analysis, city planning, and data analytics.
Author : Robby Caspeele
Publisher : CRC Press
ISBN 13 : 1351857576
Total Pages : 3160 pages
Book Rating : 4.3/5 (518 download)
Download or read book Life Cycle Analysis and Assessment in Civil Engineering: Towards an Integrated Vision written by Robby Caspeele and published by CRC Press. This book was released on 2018-10-31 with total page 3160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains the papers presented at IALCCE2018, the Sixth International Symposium on Life-Cycle Civil Engineering (IALCCE2018), held in Ghent, Belgium, October 28-31, 2018. It consists of a book of extended abstracts and a USB device with full papers including the Fazlur R. Khan lecture, 8 keynote lectures, and 390 technical papers from all over the world. Contributions relate to design, inspection, assessment, maintenance or optimization in the framework of life-cycle analysis of civil engineering structures and infrastructure systems. Life-cycle aspects that are developed and discussed range from structural safety and durability to sustainability, serviceability, robustness and resilience. Applications relate to buildings, bridges and viaducts, highways and runways, tunnels and underground structures, off-shore and marine structures, dams and hydraulic structures, prefabricated design, infrastructure systems, etc. During the IALCCE2018 conference a particular focus is put on the cross-fertilization between different sub-areas of expertise and the development of an overall vision for life-cycle analysis in civil engineering. The aim of the editors is to provide a valuable source of cutting edge information for anyone interested in life-cycle analysis and assessment in civil engineering, including researchers, practising engineers, consultants, contractors, decision makers and representatives from local authorities.
Author : Fabio Biondini
Publisher : CRC Press
ISBN 13 : 0203885309
Total Pages : 996 pages
Book Rating : 4.2/5 (38 download)
Download or read book Life-Cycle Civil Engineering written by Fabio Biondini and published by CRC Press. This book was released on 2008-05-28 with total page 996 pages. Available in PDF, EPUB and Kindle. Book excerpt: Life-Cycle Civil Engineering contains the papers presented at the First International Symposium on Life-Cycle Civil Engineering (IALCCE 08), held in Villa Monastero, Varenna, Lake Como, Italy, 10-14 June, 2008. It consists of a book and a CD-ROM containing 150 papers, including eight keynote papers and 142 technical contributions from 28 countries.
Author : Gilles Duranton
Publisher : Elsevier
ISBN 13 : 0444595392
Total Pages : 2064 pages
Book Rating : 4.4/5 (445 download)
Download or read book Handbook of Regional and Urban Economics written by Gilles Duranton and published by Elsevier. This book was released on 2015-06-29 with total page 2064 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developments in methodologies, agglomeration, and a range of applied issues have characterized recent advances in regional and urban studies. Volume 5 concentrates on these developments while treating traditional subjects such as housing, the costs and benefits of cities, and policy issues beyond regional inequalities. Contributors make a habit of combining theory and empirics in each chapter, guiding research amid a trend in applied economics towards structural and quasi-experimental approaches. Clearly distinguished from the New Economic Geography covered by Volume 4, these articles feature an international approach that positions recent advances within the discipline of economics and society at large. Emphasizes advances in applied econometrics and the blurring of "within" and "between" cities Promotes the integration of theory and empirics in most chapters Presents new research on housing, especially in macro and international finance contexts
Author :
Publisher :
ISBN 13 :
Total Pages : 840 pages
Book Rating : 4.3/5 (91 download)
Download or read book Energy Abstracts for Policy Analysis written by and published by . This book was released on 1983 with total page 840 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Tulio Nogueira Bittencourt
Publisher : CRC Press
ISBN 13 : 1498777031
Total Pages : 616 pages
Book Rating : 4.4/5 (987 download)
Download or read book Maintenance, Monitoring, Safety, Risk and Resilience of Bridges and Bridge Networks written by Tulio Nogueira Bittencourt and published by CRC Press. This book was released on 2016-11-17 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt: Maintenance, Monitoring, Safety, Risk and Resilience of Bridges and Bridge Networks contains the lectures and papers presented at the Eighth International Conference on Bridge Maintenance, Safety and Management (IABMAS 2016), held in Foz do Iguaçu, Paraná, Brazil, 26-30 June, 2016. This volume consists of a book of extended abstracts and a DVD containing the full papers of 369 contributions presented at IABMAS 2016, including the T.Y. Lin Lecture, eight Keynote Lectures, and 360 technical papers from 38 countries. The contributions deal with the state-of-the-art as well as emerging concepts and innovative applications related to all main aspects of bridge maintenance, safety, management, resilience and sustainability. Major topics covered include: advanced materials, ageing of bridges, assessment and evaluation, bridge codes, bridge diagnostics, bridge management systems, composites, damage identification, design for durability, deterioration modeling, earthquake and accidental loadings, emerging technologies, fatigue, field testing, financial planning, health monitoring, high performance materials, inspection, life-cycle performance and cost, load models, maintenance strategies, non-destructive testing, optimization strategies, prediction of future traffic demands, rehabilitation, reliability and risk management, repair, replacement, residual service life, resilience, robustness, safety and serviceability, service life prediction, strengthening, structural integrity, and sustainability. This volume provides both an up-to-date overview of the field of bridge engineering as well as significant contributions to the process of making more rational decisions concerning bridge maintenance, safety, serviceability, resilience, sustainability, monitoring, risk-based management, and life-cycle performance using traditional and emerging technologies for the purpose of enhancing the welfare of society. It will serve as a valuable reference to all involved with bridge structure and infrastructure systems, including students, researchers and engineers from all areas of bridge engineering.
