Your path in the tree: Start > Environmental and Natural Resource Economics > Environmental Economics > Valuation > Hedonic pricing studies

Hedonic pricing studies

Narrower topics in the RePEc Biblio tree

Crosslinks to topics in other branches of the RePEc Biblio

This RePEc Biblio topic is edited by Richard S.j. Tol (pto90). It was first published on 2012-12-20 12:53:54 and last updated on 2013-01-01 18:24:37.

Introduction by the editor

Hedonic pricing uses Chamberlinian demand theory and regression methods to separately estimate the value of each of the attributes of a good or services. For example, a house in a beautiful environment commands a higher price than the exact same house in an ugly environment. The price difference is an indication of the value of environmental beauty.

Most relevant link for this topic

http://en.wikipedia.org/wiki/Hedonic_regression

Most relevant JEL codes

Most relevant NEP reports

NEP reports are email or RSS notifications about new research in selected fields. Subscriptions are free.

Most relevant research

  1. Elena G. Irwin, 2002, "The Effects of Open Space on Residential Property Values," Land Economics, University of Wisconsin Press, volume 78, issue 4, pages 465-480.
  2. Benson, Earl D & Hansen, Julia L. & Schwartz Jr., Arthur & Smersh, Greg T., 1998, "Pricing Residential Amenities: The Value of a View," The Journal of Real Estate Finance and Economics, Springer, volume 16, issue 1, pages 55-73, January.
  3. Mingche M. Li & H. James Brown, 1980, "Micro-Neighborhood Externalities and Hedonic Housing Prices," Land Economics, University of Wisconsin Press, volume 56, issue 2, pages 125-141.
  4. Elena G. Irwin & Nancy E. Bockstael, 2001, "The Problem of Identifying Land Use Spillovers: Measuring the Effects of Open Space on Residential Property Values," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, volume 83, issue 3, pages 698-704.
  5. Doss, Cheryl R. & Taff, Steven J., 1996, "The Influence Of Wetland Type And Wetland Proximity On Residential Property Values," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, volume 21, issue 01, pages 1-10, July, DOI: 10.22004/ag.econ.30992.
  6. Patrick Bajari & C. Lanier Benkard, 2005, "Demand Estimation with Heterogeneous Consumers and Unobserved Product Characteristics: A Hedonic Approach," Journal of Political Economy, University of Chicago Press, volume 113, issue 6, pages 1239-1276, December, DOI: 10.1086/498586.
  7. Hite, Diane & Chern, Wen & Hitzhusen, Fred & Randall, Alan, 2001, "Property-Value Impacts of an Environmental Disamenity: The Case of Landfills," The Journal of Real Estate Finance and Economics, Springer, volume 22, issue 2-3, pages 185-202, March-May.
  8. Wesley Nimon & John Beghin, 1999, "Are Eco-Labels Valuable? Evidence From the Apparel Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, volume 81, issue 4, pages 801-811.
  9. Richard C. Ready & Charles W. Abdalla, 2005, "The Amenity and Disamenity Impacts of Agriculture: Estimates from a Hedonic Pricing Model," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, volume 87, issue 2, pages 314-326.
  10. Brett Day & Ian Bateman & Iain Lake, 2007, "Beyond implicit prices: recovering theoretically consistent and transferable values for noise avoidance from a hedonic property price model," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, volume 37, issue 1, pages 211-232, May, DOI: 10.1007/s10640-007-9121-8.
  11. Kohlhase, Janet E., 1991, "The impact of toxic waste sites on housing values," Journal of Urban Economics, Elsevier, volume 30, issue 1, pages 1-26, July.
  12. Michaels, R. Gregory & Smith, V. Kerry, 1990, "Market segmentation and valuing amenities with hedonic models: The case of hazardous waste sites," Journal of Urban Economics, Elsevier, volume 28, issue 2, pages 223-242, September.
  13. Michael Greenstone & Justin Gallagher, 2008, "Does Hazardous Waste Matter? Evidence from the Housing Market and the Superfund Program," The Quarterly Journal of Economics, President and Fellows of Harvard College, volume 123, issue 3, pages 951-1003.