The hedonic literature suggests that locations with more favourable characteristics should display compensating wage and residential land price differentials. Using the hedonic price technique estimates of the willingness to pay for small changes in some key characteristics of the Italian...

Accounting for socioeconomic and demographic variables as well as country specific effects, households' willingness to pay for changes in climate is revealed using European data on reported life satisfaction. Individuals located in areas with lower average levels of sunshine and higher average...

Accounting for socioeconomic and demographic variables as well as country specific effects, households’ willingness to pay for changes in climate is revealed using European data on reported life satisfaction. Individuals located in areas with lower average levels of sunshine and higher average...