Which hedonic models can we trust to recover the marginal willingness to pay for environmental amenities

By N. Kuminoff, Christopher F. Parmeter, Jaren C. Pope. 2010

483 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/e105964460b87704136168435462b9b36390c60b

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In Economics and Econometrics

Citations in the corpus

Preferences for urban green spaces and peri-urban forests: An analysis of stated residential choices (2016, background): “Unobservable neighborhood characteristics that matter to households are often expected to be correlated with the amenity of interest (Kuminoff, Parmeter, and Pope, 2010).”
Best Practices for Using Hedonic Property Value Models to Measure Willingness to Pay for Environmental Quality (2020, background): “Kuminoff, Parmeter, and Pope (2010) show that including such spatial dummy variables can mitigate omittedvariable bias and improve the accuracy of estimates of MWTP.”
Quasi-Experiments and Hedonic Property Value Methods (2009, unknown): “E[P0|X = x, Z = z] and E[P1|X = x, Z = z] (35)”
Forty years of modelling rapid transit’s land value uplift in North America: moving beyond the tip of the iceberg (2016, methodology): “Beyond spatial lag, error, and local specifications, Kuminoff et al. (2010) argue that spatial fixed effects can be used to the same end and may be more realistic for capturing spatial dependence and heterogeneity than the structure imposed by spatial lag and error specifications.”
Do 'Capitalization Effects' for Public Goods Reveal the Public's Willingness to Pay? (2014, unknown): “…issues include the form of the equilibrium price function and the challenges with estimating demand curves for product characteristics (see Epple 1987, Cropper, Deck, and McConnell 1988, Ekeland, Heckman, and Nesheim 2004, and Kuminoff, Parmeter, and Pope 2010). tion (Imbens and Wooldridge 2009).”