Kuminoff, Nicolai V.; Parmeter, Christopher F.; Pope, … - In: Journal of Environmental Economics and Management 60 (2010) 3, pp. 145-160
The hedonic property value model is among our foremost tools for evaluating the economic consequences of policies that target the supply of local public goods, environmental services, and urban amenities. We design a theoretically consistent and empirically realistic Monte Carlo study of whether...