International Journal of Mathematics Trends and Technology
Volume 56 | Number 3 | Year 2018 | Article Id. IJMTT-V56P527 | DOI : https://doi.org/10.14445/22315373/IJMTT-V56P527
Most environment goods and services are not traded in the markets. Mathematicians and Economists have used methods for environment valuation. Hedonic price method is one of those. It considers an object as a bundle of characteristics and then puts value on each and every characteristic. This paper presents methodology of hedonic price method and presents an abstract model of valuation of air quality vis a vis house prices using this method.
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Dr Rakesh yadav, Magan Grover, "Development of Mathematical Modeling using Hedonic Price Method to Establish Relation between Housing Price and Air Pollution," International Journal of Mathematics Trends and Technology (IJMTT), vol. 56, no. 3, pp. 187-191, 2018. Crossref, https://doi.org/10.14445/22315373/IJMTT-V56P527
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