Main Title |
Stigma : the psychology and economics of Superfund / |
Other Authors |
|
Publisher |
U.S. Environmental Protection Agency, National Center for Environmental Economics, Office of Policy, Economics and Innovation, |
Year Published |
2004 |
Report Number |
EPA 240-R-04-001; EPA 240/2004.1 |
OCLC Number |
65172168 |
Subjects |
Hazardous waste sites--United States ;
Urban renewal--Environmental aspects ;
Urban renewal--Economic aspects ;
Eagle Mine (Colo) ;
Eagle County (Colo)--History ;
Zinc mines and mining--Colorado--Gilman
|
Internet Access |
|
Holdings |
Library |
Call Number |
Additional Info |
Location |
Last Modified |
Checkout Status |
ELBD ARCHIVE |
EPA 240-R-04-001 |
Received from HQ |
AWBERC Library/Cincinnati,OH |
10/04/2023 |
|
Collation |
24 unnumbered pages ; 28 cm |
Notes |
"May 7, 2004." ... documents the long-term impacts of Superfund cleanup on property values in communities neighboring prominent Superfund sites. To understand the impacts, one must integrate the psychology of risk perceptions and stigma with the economics of property values that capture those perceptions. The research specifically examines the sale prices of nearly 35,000 homes for up to a thirty-year period near six very large Superfund sites. To the authors' knowledge, no property value studies have examined sites in multiple areas with large property value losses over the length of time used here. The results they obtain for these very large sites are both surprising and inconsistent with most prior work. The principal result is it that, when cleanup is delayed for ten, fifteen, and even up to twenty years, the discounted present value of the cleanup is mostly lost, most likely because sites are stigmatized and the homes in the surrounding communities are shunned. The psychological model developed suggests that, for very large sites, expedited cleanup and simplifying the process to reduce the number of stigmatizing events that attract attention to sites would reduce property losses. This paper summarizes a larger study. |
Place Published |
Washington, DC |
Access Notes |
Available on the Internet. |
Corporate Au Added Ent |
National Center for Environmental Economics (U.S.); United States. Environmental Protection Agency. Office of Policy, Economics, and Innovation. |
PUB Date Free Form |
2004 |
BIB Level |
m |
Medium |
unmediated |
Content |
text |
Carrier |
volume |
Cataloging Source |
OCLC/T |
Merged OCLC records |
57399847 |
OCLC Time Stamp |
20150925144145 |
Language |
eng |
Origin |
OCLC |
Type |
CAT |
OCLC Rec Leader |
03043cam 2200457Ka 45020 |