Case, Bradford; Colwell, Peter F.; Leishman, Chris; … - In: Real Estate Economics 34 (2006) 1, pp. 77-107
We extend the literature on the impact of externalities using an approach based on a hybrid of hedonic and repeat-sales methods. The externality in question is groundwater contamination in Scottsdale, Arizona. The use of condominium sales allows us to assume that major physical characteristics...