Valuing risk-reducing interventions with hedonic models: The case of erosion protection

Journal of Agricultural and Resource Economics

Volumn 21, Issue 1, 1996, Pages 109-119

  Dorfman, Jeffrey H ^a   Keeler, Andrew G ^a   Kriesel, Warren ^a  

^a UNIVERSITY OF GEORGIA   (United States)

Author keywords

Hedonics; Risk; Valuation

Indexed keywords

EID: 0008311812     PISSN: 10685502     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (15)

1. Anderson, G., and R. Bishop. "The Valuation Problem." In Natural Resource Economics: Policy, Problems, and Contemporary Analysis, Chapter 3, ed., D.W. Bromley, pp. 42-66, Boston: Kluwer Academic Publishers, 1986.
2. Anderson, G., and S. F. Edwards. "Protecting Rhode Island's Coastal Salt Ponds: An Economic Assessment of Downzoning." Coastal Zone Manage. J. 14(1986):68-89.
3. Brookshire, D. S., M. A Thayer, J. Tschirhart, and W. D. Schulze. "A Test of the Expected Utility Model: Evidence from Earthquake Risks." J. Polit. Econ. 93(1985):369-89.
4. Diamond, D. B. and B. A. Smith. "Simultaneity in the Market for Housing Characteristics." J. Urban Econ. 17(1985):280-92.
5. Harrison, D., and J. Stock. "Hedonic Housing Values, Local Public Goods, and the Benefits of Hazardous Waste Cleanup." Unpub. pap., Kennedy School of Government, September 1984.
6. Kask, S., and S. Maani. "Uncertainty, Information, and Hedonic Pricing." Land Econ. 68(1992):170-84.
7. Kriesel, W. "An Economic Analysis of the Role of Shoreline Erosion in Ohio's Residential Housing Market." Ohio Sea Grant Program, Pub. No. OHSU-TD-022, 1989.
8. Kriesel, W., and A. Randall. "Cooperative Provision of Erosion Protection: An Empirical Analysis of the Lake Erie Shore." Coastal Manage. 22(1994):97-109.
9. Kriesel, W., A. Randall, and F. Lichtkoppler. "Estimating the Benefits of Shore Erosion Protection in Ohio's Lake Erie Housing Market." Water Resour. Res. 29(1993): 795-801.
10. Lancaster, K. J. "A New Approach to Consumer Theory." J. Polit. Econ. 74(1983):607-18.
11. MacDonald, D. N., J. C. Murdoch, and H. L. White. "Uncertain Hazards, Insurance, and Consumer Choice: Evidence from Housing Markets." Land Econ. 63(1987):361-71.
12. Meier, C. E., and A. Randall. "Use Value under Uncertainty: Is There a Correct Measure?" Land Econ. 67(November 1991):379-89.
13. Palmquist, R. B. "Valuing Localized Externalities." J. Urban Econ. 31(1992):59-68.
14. Ready, R. C. "The Choice of a Welfare Measure under Uncertainty." Amer. J. Agr. Econ.75(November 1993):896-904.
15. Smith, V. K. "Supply Uncertainty, Option Price, and Indirect Benefit Estimation." Land Econ. 61(1985):303-07.