Categories: Methods, Contingent Valuation, Surveys,.., Hedonic Analysis, Travel Cost Method, Input/Output

Aggregation of common-metric attributes in preference revelation and implications for willingness to pay

Abstract: There is a growing interest in process heterogeneity in the way that individuals evaluate packages of attributes in real or hypothetical markets and make choices. We consider the role of the relative magnitude of pairs of attributes that are de… more »

Determining when payments are an effective policy approach to ecosystem service provision

Abstract: There are several policy tools available for the provision of ecosystem services. The economic characteristics of the ecosystem service being provided, such as rivalry and excludability, along with the spatial scale at which benefits accrue can… more »

Amenities and disamenities: a hedonic analysis of the heterogeneous urban landscape in Shenzhen (China)

Abstract: Landscape amenities and disamenities are important factors for households in making residence decision. This study presents a hedonic analysis of the amenity and disamenity effects arising from the heterogeneous urban landscape in a Chinese cit… more »

Interjurisdictional Capitalization of a New Metro Line on Housing Values

Abstract: Many governments continue constructing new subway lines with the goal of reducing congestion and pollution in large cities. Besides the potential global effects on reducing negative externalities in the city, there are some local positive effec… more »

Valuing open space in a residential sorting model of the Twin Cities

Abstract: H. Allen Klaiber and Daniel J. Phaneuf present an analysis of how open space amenities affect residential location choices using a "horizontal sorting model" to estimate household preferences for open space. To parameterize the model, a new and… more »