Hedonic models are commonly used to estimate marginal willingness pay for environmental amenities. These studies utilize variables that are assumed to be measured without error, such as the square footage of the lot or the number of bedrooms, and proxy variables such as neighborhood or school...

The Handbook on Contingent Valuation is unique in that it focuses on contingent valuation as a method for evaluating environmental change. It examines econometric issues, conceptual underpinnings, implementation issues as well as alternatives to contingent valuation. Anna Alberini and James Kahn...