Rehdanz, Katrin; Maddison, David J. - Forschungsstelle Nachhaltige Umweltentwicklung (ZMK), … - 2006
Hitherto the task of valuing differences in environmental quality arising from air pollution and noise nuisance has been carried out mainly by using the hedonic price technique. This paper proposes a different approach to deriving information on individual preferences for local environmental...