Introduction; Theoretical Foundations and Empirical Developments in Hedonic Modeling; Hedonic Modeling of the Home Selling Process; Hedonic Property Value Studies of Transportation Noise: Aircraft and Road Traffic; Pricing the Homebuyer's Countryside View; Semi-Parametric Tools for Spatial Hedonic Models: An Introduction to Mixed Geographically Weighted Regression and Geoadditive Models; Estimating Hedonic Models of Consumer Demand with an Application to Urban Sprawl; Conceptual and Operational Issues in Incorporating Segregation Measurements in Hedonic Price Modeling
Summary
Cities are growing worldwide and their sprawl is increasingly challenged for its pressure on open spaces and environmental quality. Economic arguments can help to decide about the trade-off between preserving environmental quality and developing housing and business surfaces, provided the benefits of environmental quality are adequately quantified. To this end, this book focuses on the use and advancement of the a oehedonic approacha, an economic valuation technique that analyses and quantifies the sources of rent and property price differentials. Starting from theoretical foundations, the hed
