McCluskey, Jill; Rausser, Gordon C. - Department of Agricultural and Resource Economics, … - 2000
A dynamic discrete time model is estimated in order to analyze the evolution of perceived risk around a hazardous waste … perceived risk to health from a nearby hazardous waste site using an hedonic price framework. Perceived risk enters the model as … weighted by the distance to the hazardous waste site in order to individualize risk to each location. Using a data set that …