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This paper explores the potential of using subjective well-being (SWB) data to valueenvironmental attributes. A theoretical framework compares this method, also known as the lifesatisfaction approach, with the standard hedonic pricing approach, identifying their similarities and differences. As...
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Recent years have seen a sharp increase in the use of subjective well-being data in environmental economics. This article discusses the conceptual underpinnings of using such data as a tool for preference elicitation and non-market valuation. Given the connection of those data to the notion of...
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This paper investigates the spatial variation in subjective well-being across the United States (U.S.). We match individual-level survey data from the Behavioral Risk Factor Surveillance System (BRFSS) that includes a life satisfaction question, to county-level local amenities between 2005 and...
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