Kask, S. B.; Maani, S. A. - In: Land Economics 68 (1992) 2
The application of the hedonic pricing technique to estimating consumer values of avoiding or incurring the risk of loss from natural hazards has recently appeared in the literature (e.g., Brookshire et al. 1985; MacDonald, Murdoch, and White 1987). The probabilistic nature of the hazards evaluated...