A spatial-econometric hedonic housing price model is estimated for the Seoul metropolitan area to measure the marginal value of improved air quality. Results showed that the spatial lag model fits best for both owner and renter households. Marginal WTP for a 4% improvement in air quality is...

Abstract This paper investigates the sensitivity of hedonic models of house prices to the spatial interpolation of measures of air quality. We consider three aspects of this question: the interpolation technique used, the inclusion of air quality as a continuous vs discrete variable in the...

Andy Isserman left a lasting impact on the fields of Regional Science and Planning. This special issue is dedicated to his memory. In addition to summarizing its contents, in this article I also reflect on Andy’s particular view of Regional Science as a field, expressed in many of his...