1967
DOI: 10.2307/1928231
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The Determinants of Residential Property Values with Special Reference to Air Pollution

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Cited by 652 publications
(276 citation statements)
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“…The method first came into use in the early 1960s in the USA. The first CV study on air pollution control was by Ridker in 1967 [38][39]. Although the primary purpose of Ridker's work was to valuate household soiling and material damages using HPM, it was his recognition that people might value air pollution because of its "psychic costs," which led him to include a couple of WTP questions in two different surveys he conducted in Philadelphia and Syracuse.…”
Section: Contingent Valuation Methodsmentioning
confidence: 99%
“…The method first came into use in the early 1960s in the USA. The first CV study on air pollution control was by Ridker in 1967 [38][39]. Although the primary purpose of Ridker's work was to valuate household soiling and material damages using HPM, it was his recognition that people might value air pollution because of its "psychic costs," which led him to include a couple of WTP questions in two different surveys he conducted in Philadelphia and Syracuse.…”
Section: Contingent Valuation Methodsmentioning
confidence: 99%
“…They analyzed impact of air quality and its pollution upon market listings of flat and house prices [4]. Already then, the term of externalities began to be used, which determine change in attractiveness of individual premises in the property market [5].…”
Section: Impact Of Changes In the Urban Environment Upon The Propertymentioning
confidence: 99%
“…In a behavioral context (IISB) and Treasury bills (BLS) and doubled for commercial bank time deposits (TD) and savings and loan association shares (SAL [6] (see [12] for an example of this approach). Equation (6) is estimated where BLSRT is the 90-day new Treasury-bill rate (an average of monthly (6) BLSRTj.…”
Section: Inflation and Household Liquid Asset Holdingsmentioning
confidence: 99%