ENGLISH

Hedonic Methods in Housing Markets: Pricing Environmental Amenities and Segregation

By Andrea Baranzini , José V. Ramirez , Caroline Schaerer , Philippe Thalmann (auth.) , José Ramirez , Philippe Thalmann (eds.)

Book information

Publisher
Springer-Verlag New York
Year
2008
ISBN
0387768149, 9780387768144, 9780387768151
DOI
10.1007/978-0-387-76815-1
LCC
HD7287 .H43 2008
Open Library ID
OL25040289M
Language
english
Format
PDF
Filesize
2 MB (2491281 bytes)
Edition
1
Pages
278\280
Time added
2011-08-31 04:54:40
Regional/Spatial Science; Environmental Economics;

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.

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