The willingness of households to pay for prevention against industrial risks can be revealed by real estate markets. By using very rich microdata, we study housing prices in the vicinity of hazardous industries near three important French cities. We show that the impact of hazardous plants on...

Housing prices can decrease because of proximity to hazardous industrial plants. This effect depends on households' perception of risk and can so be modified by events that change risk perception, such as technological risk prevention plans in France. The impact of these plans is difficult to...

The willingness of households to pay for prevention against industrial risks can be revealed by real estate markets. By using very rich microdata, we study housing prices in the vicinity of hazardous industries near three important French cities. We show that the impact of hazardous plants on...

The willingness of households to pay for prevention against industrial risks can be revealed by real estate markets. By using very rich microdata, we study housing prices in the vicinity of hazardous industries near three important French cities. We show that the impact of hazardous plants on...

The willingness of households to pay for prevention against industrial risks can be revealed by real estate markets. By using very rich microdata, we study housing prices in the vicinity of hazardous industries near three important French cities. We show that the impact of hazardous plants on...

Housing prices can decrease because of proximity to hazardous industrial plants. This effect depends on households' perception of risk and can so be modified by events that change risk perception, such as technological risk prevention plans in France. The impact of these plans is difficult to...