Do Discrete Choice Approaches to Valuing Urban Amenities Yield Different Results Than Hedonic Models?
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Amenities that vary across cities are typically valued using either a hedonic model, in which amenities are capitalized into wages and housing prices, or a discrete model of household location choice. In this paper, we use the 2000 Public Use Microdata Sample (PUMS) to value climate amenities using
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美国国家经济研究局创建时间：
2018-02-01
