Braden, John B; Taylor, Laura O.; Won, DooHwan; Mays, Nicole; Cangelosi, Allegra; Patunru, Arianto
This study estimates the economic benefits of remediation in the Buffalo River, NY Area of Concern (AOC) using two distinct empirical methods. One method analyzes the effects of proximity to the AOC on prices in the residential property market. The second uses a choice survey of recent home purchasers concerning the characteristics of homes and the river. After controlling for numerous structural, community, and spatial effects, the market analysis shows that single-family residential property...[Show more]
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