@techreport{20.500.12134/5525,
author = {Gaviria, Alejandro},
author = {Medina-Durango, Carlos Alberto},
author = {Morales-Zurita, Leonardo Fabio},
author = {Nuñez-Méndez, Jairo},
year = {2008},
month = {4},
url = {https://repositorio.banrep.gov.co/handle/20.500.12134/5525},
abstract = {We use hedonic price models to estimate the value households are willing to pay to avoid violent crime in the city of Bogotá. We find that households living in the highest socioeconomic level (stratum 6) pay up to 7.2% of their house values in order to pr},
publisher = {Banco de la República},
booktitle = {Borradores de Economía},
volume = {Borradores de Economía; No. 508},
title = {The cost of avoiding crime: the case of Bogota},
keywords = {Housing demand},
keywords = {Crime},
keywords = {Illegal behavior},
keywords = {Law enforcement},
doi = {https://doi.org/10.32468/be.508},
}