Download This PaperHedonic Valuation of the Perceived Risks of Nuclear Power Plants
8 Pages Posted: 20 Aug 2014
Date Written: August 18, 2014
Abstract
We use the 2011 Fukushima accident to evaluate the impact of the perceived risks of nuclear power plants on apartment rents in Switzerland. Using online advertisements over 12 years and a difference-in-differences approach, we find a 2.3% price discount after the accident for apartments near nuclear power plants.
Keywords: hedonic valuation, environmental goods, nuclear power, difference-in-differences, risk perception
JEL Classification: R21, Q51, Q53
Suggested Citation: Suggested Citation
Boes, Stefan and Nüesch, Stephan and Wüthrich, Kaspar, Hedonic Valuation of the Perceived Risks of Nuclear Power Plants (August 18, 2014). Available at SSRN: https://ssrn.com/abstract=2482311 or http://dx.doi.org/10.2139/ssrn.2482311
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