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Valuing energy infrastructure externalities using wellbeing and hedonic price data: the case of wind turbines

Krekel, Christian (2020) Valuing energy infrastructure externalities using wellbeing and hedonic price data: the case of wind turbines. In: Maddison, David, Rehdanz, Katrin and Welsch, Heinz, (eds.) Handbook of Wellbeing, Happiness and the Environment. Edward Elgar, Cheltenham, UK, 297 - 317. ISBN 9781788119337

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Identification Number: 10.4337/9781788119344.00024

Abstract

The chapter discusses the use of wellbeing and hedonic price data for the valuation of infrastructure externalities using the example of renewable energy plants. The author draws on his own research in this field, which focuses on wind turbines, while making frequent references to related studies. In particular, he lays out data, methodological and conceptual issues surrounding the use of wellbeing data for valuation purposes and discuss the relationship to results from hedonic pricing studies. The author gives practical recommendations and an outlook concerning future developments, including novel opportunities arising from big data and machine learning.

Item Type: Book Section
Official URL: https://www.e-elgar.com/shop/gbp/handbook-on-wellb...
Additional Information: © 2019 The Editors
Divisions: Psychological and Behavioural Science
Subjects: G Geography. Anthropology. Recreation > GF Human ecology. Anthropogeography
H Social Sciences > H Social Sciences (General)
Date Deposited: 31 Oct 2019 11:45
Last Modified: 28 Jun 2020 23:07
URI: http://eprints.lse.ac.uk/id/eprint/102281

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