Loomis, John; Rameker, Vicki; Seidl, Andy - In: Journal of Environmental Planning and Management 47 (2004) 1, pp. 83-96
A hedonic price function is estimated that illustrates how the price per acre of open space paid by public buyers such as counties or land trusts, is influenced by local demand and supply factors. The empirical regression model is illustrated using 133 public transactions (73% are purchases and...