Viewscapes and Flood Hazard: Coastal Housing Market Response to Amenities and Risk
研究利用三维海洋视景测量方法，在享乐定价模型中分离沿海便利设施与洪水风险的影响，发现基于GIS的视景测量能有效识别风险因素。
Coastal amenities and risk are so highly correlated that separate identification within the hedonic framework is potentially challenging. In this study, we construct a three-dimensional measure of ocean view, viewscape, accounting for natural topography and built obstruction that varies independent of risk classification to disentangle these spatially integrated housing characteristics. A spatial autoregressive hedonic model is developed to provide consistent estimates of the willingness to pay for coastal amenities and risk. Our findings suggest that incorporating the GIS-based view measures can be successful in isolating risk factors from spatial amenities. <i></i>