A Rational Expectations Approach to Hedonic Price Regressions with Time-Varying Unobserved Product Attributes: The Price of Pollution

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Who Benefits from Environmental Regulation? Evidence from the Clean Air Act Amendments (2015, methodology): “Bajari et al. (2012) use sales data from a single city and estimate a MWTP of $94.”
Two-Way Fixed Effects Estimators with Heterogeneous Treatment Effects (2018, unknown): “Bajari et al. (2012), A Rational Expectations Approach to Hedonic Price Regressions with Time-Varying Unobserved Product Attributes: The Price of Pollution.”
Best Practices for Using Hedonic Property Value Models to Measure Willingness to Pay for Environmental Quality (2020, background): “A third strategy is to model how omitted variables change over time and to assume that buyers have rational expectations for that process (Bajari et al. 2012).”