I study a staggered policy change intended to reduce bidding wars for homes by increasing their list price and eliminating underpricing. Using a novel and large micro data set and a difference-in-difference methodology, I find that increasing the list price reduces the buyer arrival rates in all...

This research delves into the study of Macaca sinica, commonly known as the toque monkey, in the context of Sri Lanka. The investigation explores the interactions between this primate population and its environment, emphasizing the consequences of female-female aggression, the development of...

Hedonic models are subject to spatially correlated errors which are a symptom of omitted spatial variables, mis-specification or mismeasurement. Methods have been developed to address this problem through the use of spatial econometrics or spatial fixed effects. However, often spatial...

El objetivo de este trabajo es analizar el impacto medioambiental de los hogares en una economía regional, incluyendo, no sólo el impacto directo, sino también el indirectamente generado a través de la producción de los bienes y servicios que demandan. Con este trabajo también se pretende...

Hedonic property value models have been frequently used to value environmental amenities because markets for these goods usually do not exist. Typically, researchers cite Rosen’s (1974) seminal work, which allows one to interpret functions of the hedonic regression coefficients as the marginal...

Hedonic models are subject to spatially correlated errors which are a symptom of omitted spatial variables, mis-specification or mismeasurement. Methods have been developed to address this problem through the use of spatial econometrics or spatial fixed effects. However, often spatial...

This paper investigates price differentials between organically and conventionally farmed arable land. Organic commodities offer higher prices and environmental benefits such as improved soil constitution, where land buyers gauge these benefits against lower yields at higher risk, switching and...

This study employs the hedonic property price method to analyze the flood risk effect on a rich set of data. The analysis is carried out on Hungary, but as the control variables are extremely elaborated, our results have general importance. The paper finds a significant reduction in housing...

This study employs the hedonic property price method to analyze the flood risk effect on a rich set of data. The analysis is carried out on Hungary, but as the control variables are extremely elaborated, our results have general importance. The paper finds a significant reduction in housing...

Greater South Dunedin (GSD) has been identified as one of the most vulnerable areas to Climate Change-Related Flooding Hazards (CCRFH) in New Zealand, yet little is known about the magnitude of how CCRFH will impact property values. We address this issue by proposing a novel modelling strategy...