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The Quality of Life in Latin American Cities: Markets and Perception

Bernard M.S. van Praag, Néstor Gandelman, Ada Ferrer-i-Carbonell, Andrés Ham (), Eduardo Lora, Martín Tetaz, Carlos Medina (), Pablo Sanguinetti, Guillermo Cruces, Giorgina Piani (), Lorena Alcázar (), Andrew Powell, Jairo Núñez, Zuleika Ferre, Raúl Andrade, Juan Robalino (), Róger Madrigal, Luis J. Hall and Leonardo Morales ()

No 364 in IDB Publications (Books) from Inter-American Development Bank

Abstract: A growing number of cities around the world have established systems for monitoring the quality of urban life. Many of those systems combine objective information with subjective opinions and cover a wide variety of topics. This book assesses a method that takes advantage of both types of information and offers criteria to identify and rank the issues of potential importance for urban dwellers. This method--which combines the so-called 'hedonic price' and 'life satisfaction' approaches to value public goods--was tested in pilot studies in six Latin American cities: Bogotá, Buenos Aires, Lima, Medellín, Montevideo, and San José of Costa Rica. This publication belongs to the Latin American Development Forum Series (LADF), sponsored by the Inter-American Development Bank, the United Nations Economic Commission for Latin America and the Caribbean, and the World Bank.

Keywords: Latin American Development Forum; LADF; life satisfaction; urbanization; quality of life; welfare (search for similar items in EconPapers)
Date: 2011-12
ISBN: 9780821378373
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