Theoretically consistent temporal ordering specification in spatial hedonic pricing models applied to the valuation of aircraft noise

Incorporating spatial econometric tools in Hedonic Pricing (HP) models for environmental valuation has become the standard approach in the literature. The effect of house prices on other house prices is taken into account and usually measured by distance or contiguity in spatial weight matrices. Dis...

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Bibliographic Details
Main Authors: Sotirios Thanos, Abigail Bristow, Mark Wardman
Format: Default Article
Published: 2012
Subjects:
Other built environment and design not elsewhere classified
Spatial econometrics
Spatial autocorrelation
Aircraft noise
Environmental valuation
Hedonic pricing
Time decay
Built Environment and Design not elsewhere classified
Online Access:https://hdl.handle.net/2134/11003
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