Publications by Author: Behrer, Arnold Patrick

Behrer, Arnold Patrick. “Building in the Mountains: A hedonic analysis of the value of degraded mountain views using GIS modeling.” Cambridge, Massachusetts, {USA}: Harvard Environmental Economics Program, 2010.Abstract

Homebuyers make their purchase decisions based on a number of structural, environmental and neighborhood characteristics. Using Geographic Information Systems data and a hedonic price model this study attempts to empirically demonstrate the value placed on one of the environmental characteristics: unobstructed mountain views. Home sales data from Buncombe County, North Carolina in 2005 provided 626 observations, from which a log-linear model was employed to assess the impact of view degradation measured by the number of houses visible from an observer house. The study hopes to further the discussion of ideal land-use policy given the mutually exclusive nature of land development and scenic view maintenance.