Microdata Sample (PUMS) to value climate amenities using both methods. We compare estimates of marginal willingness to pay (MWTP …), first assuming homogeneous tastes for climate amenities and then allowing preferences for climate amenities to vary by …

Microdata Sample (PUMS) to value climate amenities using both methods. We compare estimates of marginal willingness to pay (MWTP …), allowing preferences for climate amenities to vary by location. We find that mean MWTP for warmer winters is about twice as …

individual, with no restrictions on this heterogeneity in either the intercept or the slope. Using a rich panel dataset, we …