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- Title
Does the Measurement of Property and Structural Characteristics Affect Estimated Implicit Prices for Environmental Amenities in a Hedonic Model?
- Authors
Boyle, Kevin J.; Taylor, Laura O.
- Abstract
Investigates the effect of using tax-assessor data versus survey data in a hedonic model to estimate the implicit price of an environmental amenity, lake-water clarity. Lot and structure data sources; Hedonic-price functions; Implicit prices; Potential sources of error in the measurement of lot and structural characteristics.
- Subjects
VALUATION of real property; REAL estate business -- Environmental aspects
- Publication
Journal of Real Estate Finance & Economics, 2001, Vol 22, Issue 2/3, p303
- ISSN
0895-5638
- Publication type
Article
- DOI
10.1023/A:1007855901029