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Titlebook: Hedonic Methods in Housing Markets; Pricing Environmenta Andrea Baranzini,José Ramirez,Philippe Thalmann Book 2008 Springer-Verlag New York

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Book 2008s can help to decide about the trade-off between preserving environmental quality and developing housing and business surfaces, provided the benefits of environmental quality are adequately quantified. To this end, this book focuses on the use and advancement of the “hedonic approach”, an economic v
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Theoretical Foundations and Empirical Developments in Hedonic Modelingion, information from this first stage analysis may be used to complete a second stage analysis in which the underlying preferences for housing characteristics are estimated. Rosen (1974) described a two-step procedure in which implicit prices for housing characteristics recovered in the first stage
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Hedonic Property Value Studies of Transportation Noise: Aircraft and Road Traffical changes, and housing adjustments (relocation, zoning, soundproofing). Recent legislative changes, such as the European Commission’s “Green Paper on Future Noise Policy” (EC 1996) and Directive 2002/49/EC on noise assessment (EC 2002), have focused attention on noise valuation as part of benefit-c
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Estimating Hedonic Models of Consumer Demand with an Application to Urban Sprawldata set and the marginal utility of each household for every product characteristic. This allows us to generate a nonparametric distribution of random coefficients for the various product characteristics in our data set. Third, we regress the random coefficients on consumer demographics in order to
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The Problem with Environmental Justice Studies (And How Hedonics Can Help) information is critical in this effort (Kellogg and Mathur 2003; Shapiro 2005)..This paper is organized as follows: first, I present an exhaustive review of the seminal and current literature on environmental justice, predominantly from a sociological and economic point of view; next I present the
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