Hedonic Methods in Housing Markets Pricing Environmental Amenities a
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 hou
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Andrea Baranzini x José Ramirez Caroline Schaerer x Philippe Thalmann Editors
Hedonic Methods in Housing Markets Pricing Environmental Amenities and Segregation
Editors Andrea Baranzini Geneva School of Business Administration (HEG Genève) University of Applied Sciences Western Switzerland Switzerland Caroline Schaerer Geneva School of Business Administration (HEG Genève) University of Applied Sciences Western Switzerland Switzerland
José Ramirez Geneva School of Business Administration (HEG Genève) University of Applied Sciences Western Switzerland Switzerland Philippe Thalmann École Polytechnique Fédérale de Lausanne Switzerland
ISBN: 978-0-387-76814-4 e-ISBN: 978-0-387-76815-1 DOI: 10.1007/978-0-387-76815-1 Library of Congress Control Number: 2008931292 ¤ 2008 Springer Science+Business Media, LLC All rights reserved. This work may not be translated or copied in whole or in part without the written permission of the publisher (Springer Science+Business Media, LLC, 233 Spring Street, New York, NY 10013, USA), except for brief excerpts in connection with reviews or scholarly analysis. Use in connection with any form of information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed is forbidden. The use in this publication of trade names, trademarks, service marks, and similar terms, even if they are not identified as such, is not to be taken as an expression of opinion as to whether or not they are subject to proprietary rights.
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Acknowledgements
This book would not have been possible without the help, collaboration and support of many persons. All the contributions have been personally commissioned and we have tried to coordinate the contents, so as to avoid overlap and foster complementarities, in order to treat the most relevant questions related to the application of the hedonic approach to the valuation of environmental amenities and to segregation/discrimination issues. Our greatest gratitude is to the authors, who have participated with much enthusiasm to this project and spent a lot of time in writing and revising their chapters. Draft papers were presented and discussed during an intense workshop at the Geneva School of Business Administration on 29 and 30 June 2007. Each selected chapter was reviewed and revised several times, with particular attention to presenting the main results of the literature, to fostering intuition and to showing policy implications. We are particularly indebted to Laurence Infanger, Eva Robinson and Bea Van Gessel for their help in the organization and management of the Geneva Workshop. Thanks to Professor Jacques Silber, Bar-Ilan University, Israel, for his help in revising some of the chapters. Many thanks to Pierre-Yves Odier for putting the book into form: this was not an easy task, with so many different chapter formats and short deadlines. We gratefully acknowledge financial support for the Geneva workshop and our own research in the field
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