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6.3 Environmental valuation  (Page 13/23)

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    hedonic price analysis

    A revealed preference tool that uses data on house prices and characteristics to estimate the value of features of the environment that vary among houses.

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Practice Key Terms 17

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Source:  OpenStax, Sustainability: a comprehensive foundation. OpenStax CNX. Nov 11, 2013 Download for free at http://legacy.cnx.org/content/col11325/1.43
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