ABSTRACT

Environmental quality and urban sustainability are pure public goods. 1 Therefore, residents cannot directly pay for them. In general, one challenge with looking at environmental justice from an economic perspective is the inability directly to measure the prices that residents are willing to pay for such public goods. Absent a direct measure, scholars have used different perspectives to assess how much residents value environmental quality, and many of these assessments are based on one assumption: that residents can reveal their preference for environmental quality by choosing a home. An important factor underlying such models is residential mobility—the ability of residents readily to move in order to select locations with desired bundles of attributes.