AN ANALYSIS OF COMMON APPLICATIONS ON HEDONIC PRICING MODEL IN VALUING ECOSYSTEM SERVICES: SIMILARITIES AND DIFFERENCE BETWEEN EUROPE, US, AND CHINA
Keywords:Hedonic Pricing Model, Ecosystem Services
The study made a comparison with the common applications on the hedonic pricing model that valuing ecosystem services between Europe, the United States, and China. By analyzing various reasons impacting housing prices, cultural and historical backgrounds played roles in the real-world applications.
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