The dissertation consists of two major components on the topic of environmental valuation using spatial hedonic pricing models.The first component deals with the specification of a spatial hedonic model. The focus is on how to include the spatial effects of observed house prices into a hedonic...

Mobility and air quality have emerged in recent years as major concerns in Bogota. Even though government authorities recognize that pollution control and congestion reduction are priorities in their policy agenda, there is little local understanding of the monetary benefits from improving urban...

Motivated by the problem of deer overabundance in many areas of the United States, this thesis investigates innovative incentive-compatible policy options to address the problem. Economists view deer populations as a renewable resource, a composite asset that provides both benefits and costs to...