Milfoil is an aggressive aquatic invasive species that affects freshwater lakes by altering lake ecosystems and degrading the quality of water recreation activities. Three studies estimating the effect of milfoil infestation on lakefront property values have each found substantial discounts....

We examine how water contamination risk from an inactive hazardous waste site is capitalized into surrounding vacant land prices. After public knowledge of the first instance of off-site contamination, we find that shallow groundwater contamination potential is negatively capitalized into land...

We examine how water contamination risk from an inactive hazardous waste site is capitalized into surrounding vacant land prices. After public knowledge of the first instance of off-site contamination, we find that shallow groundwater contamination potential is negatively capitalized into land...