Hedonic Methods in Housing Markets: Pricing Environmental Amenities and Segregation Contributor(s): Baranzini, Andrea (Editor), Ramirez, José (Editor), Schaerer, Caroline (Editor) |
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ISBN: 1441926380 ISBN-13: 9781441926388 Publisher: Springer OUR PRICE: $208.99 Product Type: Paperback - Other Formats Published: October 2010 |
Additional Information |
BISAC Categories: - Business & Economics | Entrepreneurship - Business & Economics | Urban & Regional - Business & Economics | Statistics |
Dewey: 338.04 |
Physical Information: 0.63" H x 6.14" W x 9.21" (0.94 lbs) 278 pages |
Descriptions, Reviews, Etc. |
Publisher Description: Cities are growing worldwide and their sprawl is increasingly challenged for its pressure on open spaces and environmental quality. Economic arguments 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 valuation technique that analyses and quantifies the sources of rent and property price differentials. Starting from theoretical foundations, the hedonic approach is applied to the valuation of natural land use preservation and noise abatement measures, as well as to residential segregation and discrimination, extending the analysis to the role of the buyers and sellers' identity on housing market prices and to the issue of environmental justice. |