Measuring the Impact of the Discovery and Cleaning of Identified Hazardous Waste Sites on House Values
研究了有毒场地从信息公布到清理策略宣布后对房屋价值的影响，发现社区知晓和政府公告导致房价下跌，而清理承诺并未使房价回升。
The current ranking system for Superfund sites considers only the costs of physically cleaning the site, ignoring the social benefits obtained by cleaning. This study estimates the effect of the existence of toxic sites on house values from before information on their toxicity was released by the federal government until several years after cleaning strategies were announced. The results indicate that community knowledge of the site, as well as government agency announcements, causes house prices to decline. It does not appear that assurances that the sites will be cleaned in the future lead to a rebound in house prices.