A Hedonic Approach to Residential Succession
提出一个邻里更替模型，估计四种享乐属性的需求系统，发现住房面积而非房龄驱动过滤过程，收入变化可能导致临界点转变，而种族构成变化的影响较小。
A model of neighborhood turnover drawn from Bond and Coulson (1989) is proposed. The type of turnover process that is obtained is shown to depend mainly on the hedonic bid functions for housing and neighborhood quality. A demand system of four hedonic attributes is estimated. The main results are that the traditional model of filtering by age of unit does not occur and that filtering by housing size does. Tipping due to changes in median neighborhood income is also quite possible. Tipping through changes in racial composition appears less likely. Copyright 1990 by MIT Press.