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Provides decision makers, policy analysts, and social scientists, with a detailed discussion of a new techniques for the valuation of goods not traded in prevate markets.
Breaking the Vicious Circle is a tour de force that should be read by everyone who is interested in improving our regulatory processes. Written by a highly respected federal judge, who obviously recognizes the necessity of regulation but perceives its failures and weaknesses as well, it pinpoints the most serious problems and offers a creative solution that would for the first time bring rationality to bear on the vital issue of priorities in our era of limited resources.
Government and Environmental Politics details the emergence of the new social values that gave rise to the environmental movement and examines the federal government's response to the changing ideas and needs of the American people. Chapters describe such topics as postwar environmental politics, the environmental lobbies, development of the publicly owned national park and recreation system, federal protection of endangered species, official promotion of nuclear energy, and regulation of toxic substances. The contributors are Malcolm Forbes Baldwin, Thomas R. Dunlap, Frank Gregg, Samuel P. Hays, Michael J. Lacey, Robert Cameron Mitchell, Joseph L. Sax, Christopher Schroeder, and Michael Smith. Book jacket.
This major reference work the first of its kind provides a comprehensive and authoritative introduction to the large and growing literature on contingent valuation. It includes entries on over 7,500 contingent valuation papers and studies from over 130 countries covering both the published and grey literatures. This book provides an interpretive historical account of the development of contingent valuation, the most commonly used approach to placing a value on goods not normally sold in the marketplace. The major fields catalogued here include culture, the environment, and health application. This bibliography is an ideal starting point for researchers wanting to find other studies that have...
The questionnaire-based Contingent Valuation Method (CVM) asks people what would they be willing to pay for an environmental good or attribute, or willing to accept for its loss. These papers consider the real value of such surveys.
Contingent valuation (CV) measures what is called passive use value or existence value. The CV method has been used to measure the benefits of environmental policy actions. CV measures of economic value rely on choice. In CV studies, choices are posed to people in surveys; analysts then use the responses to these choice questions to construct monetary measures of value. The specific mechanism used to elicit respondents' choices can take a variety of forms, including asking survey respondents whether they would purchase, vote, or pay for a program or some other well-defined object of choice. It can also be a direct elicitation of the amount each respondent would be willing to pay (WTP) to obt...
Assessing natural resource damages often requires the use of nonmarket valuation techniques that were developed for use in benefit-cost analyses. Natural resource damage assessment dramatically changes the context for applying them. Two aspects of this context are especially important. First, damages are to be measured by the monetary value of the losses people experience, including their use and nonuse values, because of injuries to natural resources---a process requiring careful delineation of how the injuries connect to the resource's services. Second, a single identified entry---not generalized, anonymous taxpayers---must pay damages based on what is measured, and evaluations of the meas...
This report is concerned with the benefits and costs of installing sulfur dioxide controls at the Navajo Generating Station, which was thought to produce sulfur dioxide emissions that contributed to impaired visibility at the Grand Canyon. The report: determines the effect on emissions reductions and the assoc. costs that resulted from the negotiated agree. used by EPA in making its decision compared to its initial proposal; identifies the visibility improve. EPA estimated would result from the emissions controls and the means by which these improvements were determined; and determines how contingent valuation was used to estimate the monetary value of visibility improve.