ABSTRACT
As indicated in previous chapters, one line of study in searching for improved methods to estimate benefits of air quality is to look for actual human responses, reflected in prices of things, that might give a clue as to how much people value clean air. Application of the property-value approach discussed in chapter 7 is one such effort. This approach is based on the idea that people’s choices of residence reflect the ambient air quality as well as a number of other characteristics of particular sites.
