This paper aims to highlight the existing analogy between physical phenomena (regulated by Newton's laws) and economic phenomena of real estate sector (quickness of reduction of real estate values due to trade barriers in real estate market). An empirical algorithm, based on actual data, is also suggested for the assessment of office towers that, usually, for their characteristics and consistencies, are often connoted by market conditions typical of bilateral monopoly.

The appraisal of office towers in bilateral monopoly's market: evidence from application of Newton's physical laws to the Directional Centre of Naples

Del Giudice, Vincenzo;De Paola, Pierfrancesco
;
Forte, Fabiana
2016

Abstract

This paper aims to highlight the existing analogy between physical phenomena (regulated by Newton's laws) and economic phenomena of real estate sector (quickness of reduction of real estate values due to trade barriers in real estate market). An empirical algorithm, based on actual data, is also suggested for the assessment of office towers that, usually, for their characteristics and consistencies, are often connoted by market conditions typical of bilateral monopoly.
File in questo prodotto:
File Dimensione Formato  
12 - Bilateral monopoly.pdf

non disponibili

Tipologia: Documento in Post-print
Licenza: Accesso privato/ristretto
Dimensione 498.33 kB
Formato Adobe PDF
498.33 kB Adobe PDF   Visualizza/Apri   Richiedi una copia

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11588/714216
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 20
  • ???jsp.display-item.citation.isi??? ND
social impact