The economic valuation of the environment and public policy a Hedonic approach /
The importance of the hedonic valuation approach in public policy evaluation and environmental value estimation is now widely accepted. This book is especially designed to illustrate the basic assumptions of the hedonic approach and highlight the strengths and weaknesses associated with it. Combinin...
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| Language: | English |
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Cheltenham [England] ; Northampton, Mass. :
Edward Elgar Pub.,
c2002.
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| Series: | New horizons in environmental economics.
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| Online Access: | https://www.elgaronline.com/view/1843761688.xml |
Table of Contents:
- 1. Introduction
- 2. The Hedonic approach
- 3. Theory of capitalization hypothesis
- 4. Hedonic measure as an approximation of benefit
- 5. Empirical examination of the accuracy of the Hedonic approach
- 6. Comparison with contingent valuation method
- 7. Estimation of Hedonic price function
- 8. Hedonic price method in estimating the value of environment and institutional regulation
- 9. Environmental cost-benefit analysis using the Hedonic price method
- 10. Concluding remarks.