Business Geography and New Real Estate Market Analysis (Spatial Information Systems)

Book Description

This work focuses on integrating land-use location science with the technology of geographic information systems (GIS). The text describes the basic principles of location decision and the means for applying them in order to improve the real estate decision.

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Journal Of Real Estate Literature review of Thrall's Book.......2004-11-08

Book Review Of Thrall's Business Geography and New Real Estate Market Analysis
by
Dr. Larry E. Wofford,
former President of the American Real Estate Society, and former Chair, Real Estate, Tulsa University
from Journal Of Real Estate Literature, American Real Estate Society. Summer 2003.

Business Geography and New Real Estate Market Analysis by Grant Thrall is an ambitious, intriguing, and valuable book. Any book that purports in its title to offer something "new" immediately generates scrutiny. With this title, Thrall casts himself a challenge to produce something that is indeed new and, in order to be worth reading, valuable. Thrall succeeds in doing both. He does so less in the spirit of invention than in the spirit of discovery and synthesis. Indeed, in the preface, Thrall writes, "This book integrates ideas, methods, technologies, and objectives in an opportunistic manner to achieve the goal of providing information to improve the real estate decision."

In overview, the book is short, only 263 pages, including references and index. The length reflects a well-thought-out design and a concise writing style. Examples, tables, and graphics are used throughout to illustrate the conceptual content and its application. The book consists of two parts. Part I, "Overview, Theory, and Methods" contains about 100 pages and provides an overview of real estate markets and submarkets, land use and land value theories, and real estate market research. Part II, "Application to Real Estate Product Types" contains about 130 pages and addresses the detailed application of the theory and techniques considered in Part I to five primary property types, with an emphasis on research design and interpretation and the use of geographic information systems to analyze and present spatial information. Thrall effectively utilizes a "mentor" writing style throughout the book without being chatty.

Part I, "Overview, Theory, and Methods" Thrall provides the reader with insightful syntheses of geographic concepts and urban land economics. His discussions of submarkets and urban land use and value theories are particularly well done. Thrall's graphical approach to urban land values skillfully integrates standard microeconomics concepts into urban land use theory. The graphical approach presented in this book is a summary of much more detailed work in numerous articles by Thrall and in his 1987 book, Land Use and Urban Form.2 The theoretical presentation is accessible to those with varying levels of economic backgrounds. After reading this part of the book, the reader is well along the way to the author's goal of reasoning geographically, a prerequisite for the next major part of the book dealing with applying this knowledge.

In the application chapters, Thrall provides a structured framework for each property type. While tailored to each property type, the basic framework begins with an analysis of the economics of the subject property type, followed by market area delineation, the estimation of supply and demand, and, ultimately, the interpretation of the results and report preparation. Issues and techniques particular to each property type, such as the use of geography-based econometric models in office analysis, are presented. In each chapter the use of appropriate geographic technology to perform geographic and economic analyses is considered within the context of spatial reasoning.

The "new" aspect of the book centers on an excellent synthesis of business geography and urban land economics and the consideration of such topics as land use and land value theories, trade area determination, demand, and supply estimation. "New" also includes the incorporation of geographic information systems technology. The application of business geography and urban land economic concepts and geographic methodology and technology to improving real estate decisions makes the book particularly valuable to both academic and professional readers. As stated by Thrall, "Another of my goals in writing this book was to bridge the gap between industry and university, and to present a structure and knowledge base that I have found beneficial in getting the job done." In short, the reader learns to reason geographically.

A common complaint among real estate professionals is that land use and value theories are seldom rigorously linked to performing market research. Thrall thoughtfully integrates GIS technology to answer this complaint. He considers problems and pitfalls with the technology, as well as its potential. Thrall focuses on providing a theoretical and applied framework designed to develop the ability to convert data into information in a spatial context. Thrall highlights the relevance of geography by educating the reader on basic concepts, relationships, and technologies available to plan, execute, and interpret real estate market research. Thrall provides a valuable guide to the "why" of real estate market research.

In the classroom, the book would be an excellent primary text, especially if supplemented by problem and case-study assignments designed to provide hands-on experience with market research and geographic information technology. It should be noted that the book does not promote a particular GIS software package and does not cover in detail how to use any particular GIS software. Excellent books, supplemented with CDs, and internet-based courses exist for learning the mechanics of how to use GIS software. The numerous examples throughout the text provide readers with a viable connection between theory and practice. Given its brevity and concise writing style, the book will also work as a supplement to other real estate market analysis texts.

Thomas Kuhn noted that, for many fields of study, innovative and valuable ideas often come from individuals trained in other disciplines.3 In a composite field as diverse as real estate, it is sometimes difficult to determine which disciplines are "in" and which are "out." Whether considered to be inside or outside the field of real estate, geography often has not been in the real estate mainstream. Business Geography and New Real Estate Market Analysis demonstrates that geography and its associated technology has much to offer the real estate field.

References

1. Grant Thrall, Business Geography and New Real Estate Market Analysis(Oxford: Oxford University Press, 2002).

2. Grant Thrall, Land Use and Urban Form (New York: Methuen, Inc., 1987).

3. Thomas Kuhn, The Structure of Scientific Revolutions, second edition, enlarged (Chicago: The University of Chicago Press, 1970).

BEST BOOK Real Estate Market Analysis & Business Geography.......2004-06-29

This book defines and establishes business geography as an academic field, and lays the foundations for best practices in business geography and real estate market analysis. This book succeeds in bridging the gap between the academic and the practitioner.

This book covers spatial intelligence for retail, office, industrial, housing, hospitality, and mixed use. The general principles are presented along with case studies.

From viewing the author's web page, I see that Thrall has been invited to present overviews of his book at the best business schools and geography departments, including the Wharton School of Business (University of Pennsylvania), the Haas School of Business (University of California, Berkeley), and the Dept of Geography at UC Santa Barbara as the 2004 Distinguished Golledge Lecturer.

A must read!

???????????????????????.......2004-06-02

There is almost no resemblance between this the principals and tools presented in this book and the more advanced cutting edge spatial analysis currently being taught at some of the more advanced academic institutions and being practiced at some of the larger real estate investment firms.

Save your money!!!!!!!!!!!!

Academia meets Business....Geography meets Real Estate.......2002-09-03

A genuine blueprint for anybody (student or analyst) working in the field of Site Selection. A deep insight into theoretical concepts as well as practical analysis. The book is subdivided into appropriate sections regarding the history and modern day locational analysis for different types of uses.

Business Geography and New Real Estate Market Analysis. (Books: Real Estate and Housing).(Book Review): An article from: Journal of the American Planning Association

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Business Geography and New Real Estate Market Analysis. (Books: Real Estate and Housing).(Book Review): An article from: Journal of the American Planning Association
James A., Jr. LaGro
Manufacturer: American Planning Association
ProductGroup: Book
Binding: Digital

General | Business & Investing | Subjects | Books

Book Description

This digital document is an article from Journal of the American Planning Association, published by American Planning Association on June 22, 2003. The length of the article is 605 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Business Geography and New Real Estate Market Analysis. (Books: Real Estate and Housing).(Book Review)
Author: James A., Jr. LaGro
Publication: Journal of the American Planning Association (Refereed)
Date: June 22, 2003
Publisher: American Planning Association
Volume: 69 Issue: 3 Page: 331(1)

Article Type: Book Review

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Business Geography and New Real Estate Market Analysis (Spatial Information Systems)

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Business Geography and New Real Estate Market Analysis (Spatial Information Systems)
Grant Ian Thrall
Manufacturer: Oxford University Press
ProductGroup: Book
Binding: Paperback
ASIN: B000OKCHNE

Book Description

This study offers a thorough analysis of what determines the level of executive compensation in one corporation as opposed to another. Challenging prior research which has tended to focus solely on the influence of coporate financial performance, the authors argue that structural characteristics of the firm--size, internal organization, and ownership--are equally decisive in influencing the level and structure of executive compensation which allows for the investigation of both the direct and indirect effects of each of these factors on executive compensation and offer a guide to the assessment of executive compensation in the large corporation that will be of significant value to financial analysts, investors, and researchers interested in the role and ramifications of executive compensation policies. Following a review of theoretical considerations and recent findings on the determination of executive compensation, the authors present a model of executive compensation which integrates the concepts of corporate performance, organizational structure, size, and ownership structure. This path model is then tested by utilizing data from a sample of over 200 Fortune 500 firms. Both regression results and path analysis results show significant direct and indirect effects of the structural variables tested. Based upon their results, the authors offer policy suggestions for those involved in determining executive compensation or evaluating the financial status of organizations under investment consideration.

A comparative analysis of the determinants of executive compensation between Canadian and U.S. firms.: An article from: Relations Industrielles/Industrial Relations

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A comparative analysis of the determinants of executive compensation between Canadian and U.S. firms.: An article from: Relations Industrielles/Industrial Relations
Michel L. Magnan , Sylvie St. Onge , and Linda Thorne
Manufacturer: Relations Industrielles
ProductGroup: Book
Binding: Digital

General | Business & Investing | Subjects | Books

Management | Management & Leadership | Business & Investing | Subjects | Books

Book Description

This digital document is an article from Relations Industrielles/Industrial Relations, published by Relations Industrielles on March 22, 1995. The length of the article is 7880 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: This study attempts to identify determinants of executive compensation in Canada while comparing how they differ between Canada and the United States. Results suggest that firm size, firm performance, and firm ownership structure all determine executive compensation in Canada. However, several differences between the determinants of executive compensation in Canada and the U.S. are identified. (Reprinted by permission of the publisher.)

Citation Details
Title: A comparative analysis of the determinants of executive compensation between Canadian and U.S. firms.
Author: Michel L. Magnan
Publication: Relations Industrielles/Industrial Relations (Refereed)
Date: March 22, 1995
Publisher: Relations Industrielles
Volume: v50 Issue: n2 Page: p297(23)

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Determinants of the anonymity of the CEO evaluation process.: An article from: Journal of Managerial Issues

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Determinants of the anonymity of the CEO evaluation process.: An article from: Journal of Managerial Issues
Paula Silva , and Henry L. Tosi
Manufacturer: Pittsburg State University - Department of Economics
ProductGroup: Book
Binding: Digital

General | Business & Investing | Subjects | Books

Book Description

This digital document is an article from Journal of Managerial Issues, published by Pittsburg State University - Department of Economics on March 22, 2004. The length of the article is 7475 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Determinants of the anonymity of the CEO evaluation process.
Author: Paula Silva
Publication: Journal of Managerial Issues (Refereed)
Date: March 22, 2004
Publisher: Pittsburg State University - Department of Economics
Volume: 16 Issue: 1 Page: 87(16)

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Stock options: To expense or not to expense. A comparison of economic determinants, firm payoffs, and pay-performance sensitivity of executive stock option compensation: (Dissertation)

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Stock options: To expense or not to expense. A comparison of economic determinants, firm payoffs, and pay-performance sensitivity of executive stock option compensation: (Dissertation)
Barbara Wood
Manufacturer: ProQuest Information and Learning
ProductGroup: Book
Binding: Digital

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Book Description

Citation Details

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Strategic determinants of executive compensation in small publicly traded firms.: An article from: Journal of Small Business Management

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Strategic determinants of executive compensation in small publicly traded firms.: An article from: Journal of Small Business Management
Linda L. Carr
Manufacturer: International Council of Small Business
ProductGroup: Book
Binding: Digital

General | Business & Investing | Subjects | Books

Management | Management & Leadership | Business & Investing | Subjects | Books

Book Description

This digital document is an article from Journal of Small Business Management, published by International Council of Small Business on April 1, 1997. The length of the article is 6080 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Some small, publicly trade companies were studied to explore the relationship between pay and performance for CEOs. Aside from such traditional performance variables as return on equity, sales and growth in sales, the study also analyzed the role of insiders on the board of directors, how much of the firm is owned by the members of the board and the company's risk. Results suggest that the conventional performance measures have a significant impact on the movements in CEO compensation in small firms. However, the study also found that the link between organizational outcomes and executive compensation is not affected by the role of insiders on the board.

Citation Details
Title: Strategic determinants of executive compensation in small publicly traded firms.
Author: Linda L. Carr
Publication: Journal of Small Business Management (Refereed)
Date: April 1, 1997
Publisher: International Council of Small Business
Volume: v35 Issue: n2 Page: p1(12)

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The determinants of changes in chief executive compensation during early transition: Evidence from Bulgaria

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The determinants of changes in chief executive compensation during early transition: Evidence from Bulgaria
Derek C Jones
Manufacturer: National Council for Soviet and East European Research
ProductGroup: Book
Binding: Unknown Binding

General | Popular Economics | Business & Investing | Subjects | Books

Leadership | Management & Leadership | Business & Investing | Subjects | Books
ASIN: B0006RW6XQ

The determinants of chief executive compensation in transitional economies: Evidence from Bulgaria

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The determinants of chief executive compensation in transitional economies: Evidence from Bulgaria
Derek C Jones
Manufacturer: National Council for Soviet and East European Research
ProductGroup: Book
Binding: Unknown Binding

General | Popular Economics | Business & Investing | Subjects | Books

Leadership | Management & Leadership | Business & Investing | Subjects | Books
ASIN: B0006PH4Y4

Book Description

This book, written by leading grain scientists from Europe and Africa, examines six such grains that have been important food crops in various parts of the world and have the potential for much greater and more widespread use. The chemistry, nutritional value, food processing technologies and potential applications of three true cereals: sorghum, spelt wheat and the major millet species, and three dicotyledonous pseudocereals: grain amaranth, buckwheat and quinoa are discussed. Just three cereal grains account for more than 75% of all grains produced worldwide. This causes high risks for the future of humankind via catastrophic food crop failures and is detrimental to our long-term health. In addition, the intensive cultivation practices needed to produce the required high yields of these cereals is frequently leading to environmental degradation, and they are often inappropriate in the Developing World.

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Discovering the Essential Universe, Starry Night Enthusiast and Deep Space Explorer CD-ROM, Observing Projects Workbook, Scientific American Readers; Cosmology, Solar System & The Secret Life of Stars
Neil F. Comins , Scientific American , and William J. Kaufmann
Manufacturer: W. H. Freeman
ProductGroup: Book
Binding: Paperback

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Novices to falconry will find this book a most useful guide. Readers learn about accoutrements the falcons need along with training the falconer and the bird as well as raptor anatomy.

British readers will be up to speed on the laws about falconry, but for readers outside of the United Kingdom, other books will fill in on the legal aspects of falconry.

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Fine book for begining falconry.......2005-08-04

For someone just beginning to explore falconry (such as myself) this book is a top-notch starting guide. With extensive instructions on furniture, training, further reading and even hawk anatomy, this book gave me more than enough to get started. The only downside to this book was that the sections on falconry laws focus on British law. If you're not from the UK (as I am not) you will need to find another sourch for this information. Even so, this is a fine book for a beginer, and well worth the cost.

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When you find a book which claims to get down to the "Basics" of any subject - you should expect to find exactly that. Thankfully, this author understands what that words means and delivers the goods.

I am at the stage where my first bird is flying free and is being trained to hunt and, already, I have learned a great deal from this book. Not only is this an excellent book for beginners, I suspect many of those who think they "know it all" will find some useful information here. The artwork is simple and effective - and it works. The text is well written and easy-to-follow. All the different components of such essential items as, for example, the glove, hawking bag, hood, swing lure, creance (to name but five) are shown in the right amount of detail thus creating no confusion whatsoever.

The book itself measures 10in x 7½in (255mm x 190mm) and is packed with almost 250 pages of basic information about Falconry. Altogether, the author has covered every aspect of the sport from; The law, various birds, housing, equipment, furniture, handling, weights, food, training, travel, dogs, ferrets, fitness, illness, injury and lots more besides.

I would suggest this book is an essential addition to the bookshelf of anyone who keeps birds of prey no matter how experienced the keeper might be. In short, there is something here for everyone.

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Fantastic for the price!.......2004-03-04

When I first bought this book I wondered if it would be out-of-date. It wasn't. Although there were many tricks I've learned that weren't in the book, I did catch many new formwork techniques from this book. I'd recommend it to anyone learning to set forms on a residential or light commercial construction site.

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Construction manual: concrete & formwork,
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Manufacturer: Craftsman Book Co. of America
ProductGroup: Book
Binding: Unknown Binding

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Form builder's manual
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So often, day books are vaguely fancy calendars that seem afraid to commit to any one particular year, the sort of well-meaning gift one never really cracks open. Of course, Abrams' 365 Days series has redefined the day book, but The Jewish World, released in the Jewish calendar year of 5765, is perhaps the most stunning example yet. With hundreds of thousands of artifacts to choose from, the chief curators at the Israel Museum in Jerusalem have assembled a vision of Jewish culture that celebrates the diversity, history and beauty of the Jewish experience back into time and across so many cultures that it feels like time stops altogether. Every page has a beautiful image with concise text that will be of interest to scholars and laypeople alike. Illustrated manuscripts, ceremonial stands, children's drawings, marriage contracts, photographs of early life on kibbutzim, alms boxes, prayer books, temple artifacts, dowry chests, tombstones, modernist paintings, and Hanukkah lamps: this book is both an aesthetic and a spiritual treasure trove. --Mike McGonigal

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A celebration of Jewish life through the ages, this new addition to Abrams' highly successful 365 Days series features art and artifacts from around the world. In addition to archaeological finds, ancient manuscripts, artworks, and traditional and ceremonial objects, the book includes images that evoke everyday life in Jewish communities throughout history: jewelry, costumes, toys, household items, folk art, and period rooms.

The book draws on the extensive holdings of the Israel Museum in Jerusalem, which houses the world's preeminent collection of the archaeology of the Holy Land and the most comprehensive collections anywhere of Judaica and the ethnology of the Jewish people, together with impressive holdings in all of the fine arts. The Priestly Benediction on a silver amulet from the late seventh century B.C.E.; the 14th-century Birds' Head Haggadah from southern Germany, the earliest known illuminated Ashkenazi Haggadah to have survived as a separate book; and a spectacular bridal outfit from Yemen are among the beautiful, varied, and surprising images found here, all accompanied by insightful texts by museum curators revealing little-known information about the Jewish world. AUTHOR BIO: Daisy Raccah-Djivre is chief curator of Judaica and Jewish ethnography at the Israel Museum; Silvia Rozenberg is Tamar and Teddy Kollek Chief Curator of Archaeology; and Yigal Zalmona is chief curator-at-large.

Customer Reviews:

Love This Book.......2007-03-20

I picked this book intending to give it but kept it as the information and how it is presented was so wonderful. I enjoyed seeing the art work from all over the world from the Jewish community as it expressed the oneness of the community itself and the region where the item was made. One day I hope to see these items in person.

A small treasure .......2006-02-13

I have had the pleasure of visiting the 'Israel Museum' in Jerusalem many times. Thus it was a delightful surprise to come across this volume which excellently provides reproductions of its most important holdings. The Museum is very rich in Archaeology of the Holy Land, in Jewish enthnography and culture. The illustrations here are beautifully done. The accompanying texts are informative in regard to describing the artifacts themselves.
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