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Cities are growing worldwide and their sprawl is increasingly challenged for its pressure on open spaces and environmental quality. Economic arguments can help to decide about the trade-off between preserving environmental quality and developing housing and business surfaces, provided the benefits of environmental quality are adequately quantified. To this end, this book focuses on the use and advancement of the "hedonic approach", an economic valuation technique that analyses and quantifies the sources of rent and property price differentials. Starting from theoretical foundations, the hedonic approach is applied to the valuation of natural land use preservation and noise abatement measures, as well as to residential segregation and discrimination, extending the analysis to the role of the buyers' and sellers' identity on housing market prices and to the issue of environmental justice.

Housing. --- Real estate development --- Hedonic damages. --- Environmental aspects. --- Hedonic damages --- Loss of enjoyment of life damages --- Quality of life damages --- Damages --- Development, Real estate --- Developments (Real estate) --- Land development --- Land use --- Real estate business --- Land subdivision --- Affordable housing --- Homes --- Houses --- Housing --- Housing needs --- Residences --- Slum clearance --- Urban housing --- City planning --- Dwellings --- Human settlements --- Law and legislation --- Social aspects --- Regional economics. --- Environmental economics. --- Statistics. --- Regional/Spatial Science. --- Environmental Economics. --- Statistics for Business, Management, Economics, Finance, Insurance. --- Statistical analysis --- Statistical data --- Statistical methods --- Statistical science --- Mathematics --- Econometrics --- Economics --- Environmental quality --- Regional planning --- Regionalism --- Space in economics --- Environmental aspects --- Economic aspects --- Spatial economics. --- Statistics . --- Spatial economics --- Regional economics

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How society's undervaluing of life puts all of us at risk-and the groundbreaking economic measure that can fix itLike it or not, sometimes we need to put a monetary value on people's lives. In the past, government agencies used the financial "cost of death" to monetize the mortality risks of regulatory policies, but this method vastly undervalued life. Pricing Lives tells the story of how the government came to adopt an altogether different approach--the value of a statistical life, or VSL-and persuasively shows how its more widespread use could create a safer and more equitable society for everyone.In the 1980s, W. Kip Viscusi used the method to demonstrate that the benefits of requiring businesses to label hazardous chemicals immensely outweighed the costs. VSL is the risk-reward trade-off that people make about their health when considering risky job choices. With it, Viscusi calculated how much more money workers would demand to take on hazardous jobs, boosting calculated benefits by an order of magnitude. His current estimate of the value of a statistical life is

Hazardous occupations. --- Age and employment. --- Life --- Employment and age --- Employment (Economic theory) --- Ability, Influence of age on --- Child labor --- Post-retirement employment --- Dangerous occupations --- High risk jobs --- High risk occupations --- Injurious occupations --- Occupations, Dangerous --- Occupations --- Valuation --- Economic aspects --- Philosophy --- Adobe. --- Air pollution. --- Attempt. --- Automobile safety. --- Beneficiary. --- Calculation. --- Case study. --- Chemical waste. --- Commodity. --- Consideration. --- Construction. --- Consumer protection. --- Consumer. --- Cost-effectiveness analysis. --- Cost–benefit analysis. --- Damages. --- Determination. --- Deterrence (legal). --- Devaluation. --- Discounts and allowances. --- Dividend. --- Economic efficiency. --- Economics. --- Economist. --- Economy. --- Employment. --- Environmental justice. --- Estimates. --- Estimation. --- Executive order. --- Expenditure. --- Expense. --- Government agency. --- Guideline. --- Hazardous waste. --- Health economics. --- Health effect. --- Hedonic damages. --- Hindsight bias. --- Incentive. --- Income. --- Inherent risk. --- Insurance. --- Legislation. --- Life expectancy. --- Market data. --- Meta-analysis. --- Monetization. --- Motor vehicle. --- National Highway Traffic Safety Administration. --- Occupational Safety and Health Administration. --- Occupational fatality. --- Occupational safety and health. --- Office of Information and Regulatory Affairs. --- Office of Management and Budget. --- Pain and suffering. --- Payment. --- Personal injury. --- Plaintiff. --- Policy analysis. --- Policy debate. --- Policy. --- Present value. --- Price level. --- Pricing. --- Probability. --- Product defect. --- Product design. --- Publication. --- Punitive damages. --- Quantity adjustment. --- Regulation. --- Regulatory Impact Analysis. --- Regulatory agency. --- Requirement. --- Respondent. --- Risk analysis. --- Risk assessment. --- Risk management. --- Risk premium. --- Risk. --- Safety standards. --- Selection bias. --- Shortfall. --- Statistic. --- Superfund. --- Trade-off. --- Uncertainty. --- United States Department of Health and Human Services. --- United States Environmental Protection Agency. --- Utilization. --- Valuation (finance). --- Value (economics). --- Value of life. --- Wage. --- Welfare. --- Well-being. --- Willingness to pay. --- Workers' compensation. --- Year. --- United States. --- AB --- ABSh --- Ameerika Ühendriigid --- America (Republic) --- Amerika Birlăshmish Shtatlary --- Amerika Birlăşmi Ştatları --- Amerika Birlăşmiş Ştatları --- Amerika ka Kelenyalen Jamanaw --- Amerika Qūrama Shtattary --- Amerika Qŭshma Shtatlari --- Amerika Qushma Shtattary --- Amerika (Republic) --- Amerikai Egyesült Államok --- Amerikanʹ Veĭtʹsėndi͡avks Shtattn --- Amerikări Pĕrleshu̇llĕ Shtatsem --- Amerikas Forenede Stater --- Amerikayi Miatsʻyal Nahangner --- Ameriketako Estatu Batuak --- Amirika Carékat --- AQSh --- Ar. ha-B. --- Arhab --- Artsot ha-Berit --- Artzois Ha'bris --- Bí-kok --- Ē.P.A. --- EE.UU. --- Egyesült Államok --- ĒPA --- Estados Unidos --- Estados Unidos da América do Norte --- Estados Unidos de América --- Estaos Xuníos --- Estaos Xuníos d'América --- Estatos Unitos --- Estatos Unitos d'America --- Estats Units d'Amèrica --- Ètats-Unis d'Amèrica --- États-Unis d'Amérique --- Fareyniḳṭe Shṭaṭn --- Feriene Steaten --- Feriene Steaten fan Amearika --- Forente stater --- FS --- Hēnomenai Politeiai Amerikēs --- Hēnōmenes Politeies tēs Amerikēs --- Hiwsisayin Amerikayi Miatsʻeal Tērutʻiwnkʻ --- Istadus Unidus --- Jungtinės Amerikos valstybės --- Mei guo --- Mei-kuo --- Meiguo --- Mî-koet --- Miatsʻyal Nahangner --- Miguk --- Na Stàitean Aonaichte --- NSA --- S.U.A. --- SAD --- Saharat ʻAmērik --- SASht --- Severo-Amerikanskie Shtaty --- Severo-Amerikanskie Soedinennye Shtaty --- Si͡evero-Amerikanskīe Soedinennye Shtaty --- Sjedinjene Američke Države --- Soedinennye Shtaty Ameriki --- Soedinennye Shtaty Severnoĭ Ameriki --- Soedinennye Shtaty Si͡evernoĭ Ameriki --- Spojené obce severoamerick --- Spojené staty americk --- SShA --- Stadoù-Unanet Amerika --- Stáit Aontaithe Mheirice --- Stany Zjednoczone --- Stati Uniti --- Stati Uniti d'America --- Stâts Unîts --- Stâts Unîts di Americhe --- Steatyn Unnaneysit --- Steatyn Unnaneysit America --- SUA --- Sŭedineni amerikanski shtati --- Sŭedinenite shtati --- Tetã peteĩ reko Amérikagua --- U.S. --- U.S.A. --- United States of America --- Unol Daleithiau --- Unol Daleithiau America --- Unuiĝintaj Ŝtatoj de Ameriko --- US --- USA --- Usono --- Vaeinigte Staatn --- Vaeinigte Staatn vo Amerika --- Vereinigte Staaten --- Vereinigte Staaten von Amerika --- Verenigde State van Amerika --- Verenigde Staten --- VS --- VSA --- Wááshindoon Bikéyah Ałhidadiidzooígí --- Wilāyāt al-Muttaḥidah --- Wilāyāt al-Muttaḥidah al-Amirīkīyah --- Wilāyāt al-Muttaḥidah al-Amrīkīyah --- Yhdysvallat --- Yunaeted Stet --- Yunaeted Stet blong Amerika --- ZDA --- Združene države Amerike --- Zʹi͡ednani Derz͡havy Ameryky --- Zjadnośone staty Ameriki --- Zluchanyi͡a Shtaty Ameryki --- Zlucheni Derz͡havy --- ZSA --- ABŞ --- Amerikanʹ Veĭtʹsėndi͡avks Shtattnė --- É.-U. --- ÉU --- Saharat ʻAmērikā --- Spojené obce severoamerické --- Spojené staty americké --- Stáit Aontaithe Mheiriceá --- Wááshindoon Bikéyah Ałhidadiidzooígíí