Housing prices,health effects,and valuing reductions in risk of death |
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Authors: | Paul R Portney |
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Affiliation: | Resources for the Future, Washington, D. C. 20036, USA |
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Abstract: | By combining estimates of the effect of air pollution on both property values and human health risks, it may be possible to draw inferences about individuals' valuations of risk. Although valuations thus derived must be interpreted carefully, they may be of use in determining the welfare effects of environmental and other regulatory policies. |
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