Hedonic valuation of the perceived risks of nuclear power plants

We use the 2011 Fukushima accident to evaluate the impact of the perceived risks of nuclear power plants on apartment rents in Switzerland. Using online advertisements over 12 years and a difference-indifferences approach, we find a 2.3% price discount after the accident for apartments near nuclear power plants. (C) 2015 Elsevier B.V. All rights reserved.