Petroleum from leaking underground storage tanks (LUSTs) can contaminate local soil and surface and groundwater. This can pose health risks to the surrounding population. Focusing on single family home sales from 1996 to 2007 in three Maryland Counties, we use a hedonic house price model and a...

Hedonic property value methods are an attractive non-market valuation technique. In practice, however, researchers are often forced to make untested assumptions regarding the public's perceptions of the environmental commodity being studied. Stated preference methods offer an opportunity to...

Hedonic property value models are widely used but are susceptible to potentially invalid conjectures based on the assumed measure of environmental quality. This paper focuses on an application where this is of particular concern: leaking underground storage tanks. I estimate a hedonic model...