... aspects. CHRISTOPHER GARBACZ University of Missouri-Rolla MARK A. THAYER San Diego State Univ... more ... aspects. CHRISTOPHER GARBACZ University of Missouri-Rolla MARK A. THAYER San Diego State University REFERENCES 1. P. Bohm. ... 2. David S. Brookshire, Mark A. Thayer, William D. Schulze, and Ralph C. d'Arge. "Valuing ...
This volume includes the empirical results obtained from two experiments to measure the health an... more This volume includes the empirical results obtained from two experiments to measure the health and aesthetic benefits of air pollution control. Each experiment involved the same six neighborhood pairs, where the pairings were made on the basis of similarities in housing characteristics, socio-economic factors, distances to beaches and services, average temperatures, and subjective indicators of housing quality. Data on actual market transactions, as registered in single-family residential property transactions, and on stated preferences for air quality, as revealed in neighborhood surveys, were collected. Given various assumptions on income, location, aggregation by areas, specific housing characteristics, and knowledge of the health effects of air pollution, both the survey and the property value experiments yielded estimates of willingness to pay for an improvement from 'poor' to 'fair' air quality of from $20 to $150 per month per household. The results, therefore...
A primary goal of energy conscious, climate adaptive building design is to reduce reliance on non... more A primary goal of energy conscious, climate adaptive building design is to reduce reliance on non-renewable fuel sources for heating, cooling, lighting, service hot water and ancillary electric requirements while providing acceptable or improved levels of occupant comfort. This paper addresses one aspect of overall building design optimization: that is, what combinations of passive solar heat gain, auxiliary heat, and building conservation level promote the most efficient use of scarce resources (monetary and/or primary energy). A review of recent methodological developments is given and a graphical analysis is presented for illustrative purposes.
A large detailed data set is used to examine the relationship between housing prices and several ... more A large detailed data set is used to examine the relationship between housing prices and several environmental quality indicators representing air, water, and land influences. Our primary concern is the influence of waste site proximity on housing prices. The results indicate that individuals consider waste site proximity in their housing purchases, yielding a measurable price gradient with two important characteristics. First, the price gradient levels off with distance from the waste site. Second, distance from hazardous waste sites is more valuable than distance from nonhazardous waste sites. These results are relatively robust, remaining stable as estimated functional form and sample size varies.
A household survey to determine public support for preserving good visibility in Southwestern par... more A household survey to determine public support for preserving good visibility in Southwestern parks gave power plant air pollution control an estimated $6.2 billion per year, which is twice the current cost of sulfur dioxide controls. An examination of the institutional basis for assigning a cost-benefit study to scenic beauty and for valuing public goods in general found that existence
168 Murdoch, Singh and Thayer seven billion dollars in property damage (Plafker and Galloway 1989... more 168 Murdoch, Singh and Thayer seven billion dollars in property damage (Plafker and Galloway 1989). The pattern of damage was crazy-quilt, in that distance from the epicenter was less important than other factors, such as soil type and structural engineering (Lancaster and Fehr ...
ABSTRACT This article presents a median voter model to explain the expenditures on recreation by ... more ABSTRACT This article presents a median voter model to explain the expenditures on recreation by local governments. The authors show that when the benefits of a public good provided by one community can spill over to members of other communities the correct empirical specification is a spatially autoregressive econometric model With respect to local recreation, it was found that communities with relatively high incomes and air pollution spend relatively less on provision.
... Residential housing sales data from the San Francisco Bay area are merged with earth-quake ha... more ... Residential housing sales data from the San Francisco Bay area are merged with earth-quake hazard measures, geologic measures, neigh-borhood quality measures, and community charac-teristics in order to estimate the hedonic price of earthquake risk before and after the ...
... set that contains variables rep-resentative of house, neighborhood, com-munity, andenvironmen... more ... set that contains variables rep-resentative of house, neighborhood, com-munity, andenvironmental attributes yet ... First, we use a fixed-effects model to compare the conditional meanvalues of homes ... This is an im-portant feature that is missing from the sim-ple distance models ...
The purposes of this paper are twofold. The first is to demonstrate that the expected utility hyp... more The purposes of this paper are twofold. The first is to demonstrate that the expected utility hypothesis is a reasonable description of behavior for consumers who face a low-probability, high-loss natural hazard event, given that they have adequate information. The sec-ond is to demonstrate ...
... aspects. CHRISTOPHER GARBACZ University of Missouri-Rolla MARK A. THAYER San Diego State Univ... more ... aspects. CHRISTOPHER GARBACZ University of Missouri-Rolla MARK A. THAYER San Diego State University REFERENCES 1. P. Bohm. ... 2. David S. Brookshire, Mark A. Thayer, William D. Schulze, and Ralph C. d'Arge. "Valuing ...
This volume includes the empirical results obtained from two experiments to measure the health an... more This volume includes the empirical results obtained from two experiments to measure the health and aesthetic benefits of air pollution control. Each experiment involved the same six neighborhood pairs, where the pairings were made on the basis of similarities in housing characteristics, socio-economic factors, distances to beaches and services, average temperatures, and subjective indicators of housing quality. Data on actual market transactions, as registered in single-family residential property transactions, and on stated preferences for air quality, as revealed in neighborhood surveys, were collected. Given various assumptions on income, location, aggregation by areas, specific housing characteristics, and knowledge of the health effects of air pollution, both the survey and the property value experiments yielded estimates of willingness to pay for an improvement from 'poor' to 'fair' air quality of from $20 to $150 per month per household. The results, therefore...
A primary goal of energy conscious, climate adaptive building design is to reduce reliance on non... more A primary goal of energy conscious, climate adaptive building design is to reduce reliance on non-renewable fuel sources for heating, cooling, lighting, service hot water and ancillary electric requirements while providing acceptable or improved levels of occupant comfort. This paper addresses one aspect of overall building design optimization: that is, what combinations of passive solar heat gain, auxiliary heat, and building conservation level promote the most efficient use of scarce resources (monetary and/or primary energy). A review of recent methodological developments is given and a graphical analysis is presented for illustrative purposes.
A large detailed data set is used to examine the relationship between housing prices and several ... more A large detailed data set is used to examine the relationship between housing prices and several environmental quality indicators representing air, water, and land influences. Our primary concern is the influence of waste site proximity on housing prices. The results indicate that individuals consider waste site proximity in their housing purchases, yielding a measurable price gradient with two important characteristics. First, the price gradient levels off with distance from the waste site. Second, distance from hazardous waste sites is more valuable than distance from nonhazardous waste sites. These results are relatively robust, remaining stable as estimated functional form and sample size varies.
A household survey to determine public support for preserving good visibility in Southwestern par... more A household survey to determine public support for preserving good visibility in Southwestern parks gave power plant air pollution control an estimated $6.2 billion per year, which is twice the current cost of sulfur dioxide controls. An examination of the institutional basis for assigning a cost-benefit study to scenic beauty and for valuing public goods in general found that existence
168 Murdoch, Singh and Thayer seven billion dollars in property damage (Plafker and Galloway 1989... more 168 Murdoch, Singh and Thayer seven billion dollars in property damage (Plafker and Galloway 1989). The pattern of damage was crazy-quilt, in that distance from the epicenter was less important than other factors, such as soil type and structural engineering (Lancaster and Fehr ...
ABSTRACT This article presents a median voter model to explain the expenditures on recreation by ... more ABSTRACT This article presents a median voter model to explain the expenditures on recreation by local governments. The authors show that when the benefits of a public good provided by one community can spill over to members of other communities the correct empirical specification is a spatially autoregressive econometric model With respect to local recreation, it was found that communities with relatively high incomes and air pollution spend relatively less on provision.
... Residential housing sales data from the San Francisco Bay area are merged with earth-quake ha... more ... Residential housing sales data from the San Francisco Bay area are merged with earth-quake hazard measures, geologic measures, neigh-borhood quality measures, and community charac-teristics in order to estimate the hedonic price of earthquake risk before and after the ...
... set that contains variables rep-resentative of house, neighborhood, com-munity, andenvironmen... more ... set that contains variables rep-resentative of house, neighborhood, com-munity, andenvironmental attributes yet ... First, we use a fixed-effects model to compare the conditional meanvalues of homes ... This is an im-portant feature that is missing from the sim-ple distance models ...
The purposes of this paper are twofold. The first is to demonstrate that the expected utility hyp... more The purposes of this paper are twofold. The first is to demonstrate that the expected utility hypothesis is a reasonable description of behavior for consumers who face a low-probability, high-loss natural hazard event, given that they have adequate information. The sec-ond is to demonstrate ...
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