If housing prices adjust across jurisdictions to equalize utility from housing services across locations, and if higher marginal tax rates constrain budgets, then housing prices will decrease in high tax jurisdictions relative to low tax jurisdictions. Similarly, housing prices will rise to...

Contingent valuation methods are used to identify observed and unobserved preferences of goods and services. We apply these methods, in the context of multivariate probit analysis, to compute willingness to pay for each product of a cluster of goods conditional on having purchased another...