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• W350919929 abstract "Radon is a radioactive gas which may be present in buildings and originates mainly from radioactive bedrock and radioactive building materials. Living in a radon contaminated house may increase the risk of suffering from lung cancer, especially among cigarette smokers. The potential risk arises due to long-term exposure to radon and the risk related to radon is thus limited to individuals living in contaminated buildings. Therefore, buyers of radon contaminated houses are likely to be willing to pay less than for non-contaminated houses, and house prices can be used to estimate the willingness-to-pay for reducing the risk due to radon. The purpose of this paper is to estimate the willingness-to-pay for reducing the risk due to radon contamination using a spatial hedonic house price model and data from the municipality of Stockholm for the period 1994 – 1996. The results imply that the percentage effect on house prices due to radon is -6.1 % for the preferred model and the corresponding willingness-to-pay for avoiding the health risks due to radon is SEK 69 196." @default.
• W350919929 created "2016-06-24" @default.
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• W350919929 date "2007-01-01" @default.
• W350919929 modified "2023-09-27" @default.
• W350919929 title "Hedonic Valuation of Health Risks Due to Residential Radon" @default.
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