Chapter 6

Varying Implicit Prices of Housing Attributes: Testing Tiebout Theory

Seong-Hoon Choa, Roland K. Robertsa, Taeyoung Kima, Sae Woon Parkb and Heeho Kimc,    aDepartment of Agricultural and Resource Economics, University of Tennessee, 2621 Morgan Circle, Knoxville, TN 37996-4518, USA,    bDepartment of Management, Changwon National University, Changwon Daehak Ro 20, EuichangGu, Changwon, Kyungnam 641-773, South Korea,    cDepartment of Economics, Kyungpook National University, Daehak Ro 80, Bukgu, Daegu 702-701, South Korea,    scho9@utk.edu; rrobert3@utk.edu; tkim24@utk.edu; assw@changwon.ac.kr; kimhh@knu.ac.kr

Abstract

The objective of this research was to test Tiebout’s (1956) theory of residential segregation without dividing housing ...

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